An environmental Kuznets curve for the OECD countries
Yazarlar (1)
Prof. Dr. Osman Zihni ZAİM Beykoz Üniversitesi, Türkiye
| Makale Türü |
Özgün Makale
(Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale)
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| Makale Dili | – | Basım Tarihi | 01-2004 |
| Makale Linki | https://repository.bilkent.edu.tr/bitstreams/db954024-3f80-4829-96da-02355ab131a7/download | ||
| UAK Araştırma Alanları |
Çevre Ekonomisi
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| Özet |
| The goal of this section is to specify computable models that can be used to investigate the effect of assignment of property rights on profitability in the presence of sources of market failure. The cases we consider are a simple production externality and a common-pool resource. In modeling the production externality we specifically include joint production of goods and bads and the expficit deleterious effects of the jointly produced bad on the downstream firm. One of the innovations is to show how to use a network model to solve for the efficient allocation of resources in the presence of an externality. By employing a profit maximization model, we can solve for optimal emissions as well as providing estimates of rents and bounds on transactions costs, for example.In the common-pool resource problem, we use a network model again to model the group problem of allocating resources in the absence of property rights. By computing a network profit maximization problem for the group of firms' sharing'the common-pool resource we can solve for optimal individual quotas. The model developed here is a static model with a fixed bound on the biomass involved. Clearly the next step is to generalize this to a dynamic network model. |
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