Environmental externalities : regional policy and uncertainty

Detalhes bibliográficos
Autor(a) principal: Martins, Manuel Victor
Data de Publicação: 1992
Outros Autores: Santos, Vítor M.
Tipo de documento: Artigo
Idioma: por
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/22633
Resumo: BAUMOL and OATES [1975] emphasized that negative externalities can induce a breakdown in the conventional convexity assumptions implying that efficiency price loses its normative usefulness as an incentive for the attainment of a social optimum through decentralized market processes.These authors showed that the spatial separation between polluter and pollutee not only contributes to minimize the drawbacks for policy generated by nonconvexities but also induces a superior outcome when compared with the market solution. However, BAUMOL and OATES did not propose any specific policy in order to attain the optimal equilibrium solution implied by their analysis. This paper develops a positive analysis in order to address the main implications and the relative effectiveness of alternative policies inducing spatial separation.
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spelling Environmental externalities : regional policy and uncertaintyRegional EconomicsEnvironmental PolicyUncertaintyBAUMOL and OATES [1975] emphasized that negative externalities can induce a breakdown in the conventional convexity assumptions implying that efficiency price loses its normative usefulness as an incentive for the attainment of a social optimum through decentralized market processes.These authors showed that the spatial separation between polluter and pollutee not only contributes to minimize the drawbacks for policy generated by nonconvexities but also induces a superior outcome when compared with the market solution. However, BAUMOL and OATES did not propose any specific policy in order to attain the optimal equilibrium solution implied by their analysis. This paper develops a positive analysis in order to address the main implications and the relative effectiveness of alternative policies inducing spatial separation.ISEG - Departamento de EconomiaRepositório da Universidade de LisboaMartins, Manuel VictorSantos, Vítor M.2021-12-06T11:30:54Z19921992-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/22633porMartins, Victor Manuel e Vítor Santos. 1992. "Environmental externalities, regional policy and uncertainty". Instituto Superior de Economia e Gestão - DE Working papers nº 30 -1992/DEinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:52:10Zoai:www.repository.utl.pt:10400.5/22633Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:07:00.951956Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Environmental externalities : regional policy and uncertainty
title Environmental externalities : regional policy and uncertainty
spellingShingle Environmental externalities : regional policy and uncertainty
Martins, Manuel Victor
Regional Economics
Environmental Policy
Uncertainty
title_short Environmental externalities : regional policy and uncertainty
title_full Environmental externalities : regional policy and uncertainty
title_fullStr Environmental externalities : regional policy and uncertainty
title_full_unstemmed Environmental externalities : regional policy and uncertainty
title_sort Environmental externalities : regional policy and uncertainty
author Martins, Manuel Victor
author_facet Martins, Manuel Victor
Santos, Vítor M.
author_role author
author2 Santos, Vítor M.
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Martins, Manuel Victor
Santos, Vítor M.
dc.subject.por.fl_str_mv Regional Economics
Environmental Policy
Uncertainty
topic Regional Economics
Environmental Policy
Uncertainty
description BAUMOL and OATES [1975] emphasized that negative externalities can induce a breakdown in the conventional convexity assumptions implying that efficiency price loses its normative usefulness as an incentive for the attainment of a social optimum through decentralized market processes.These authors showed that the spatial separation between polluter and pollutee not only contributes to minimize the drawbacks for policy generated by nonconvexities but also induces a superior outcome when compared with the market solution. However, BAUMOL and OATES did not propose any specific policy in order to attain the optimal equilibrium solution implied by their analysis. This paper develops a positive analysis in order to address the main implications and the relative effectiveness of alternative policies inducing spatial separation.
publishDate 1992
dc.date.none.fl_str_mv 1992
1992-01-01T00:00:00Z
2021-12-06T11:30:54Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/22633
url http://hdl.handle.net/10400.5/22633
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv Martins, Victor Manuel e Vítor Santos. 1992. "Environmental externalities, regional policy and uncertainty". Instituto Superior de Economia e Gestão - DE Working papers nº 30 -1992/DE
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG - Departamento de Economia
publisher.none.fl_str_mv ISEG - Departamento de Economia
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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