Environmental externalities : regional policy and uncertainty
Autor(a) principal: | |
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Data de Publicação: | 1992 |
Outros Autores: | |
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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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 |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131163029143552 |