Barthel, Jens (2007): Environmental policy in dynamic models with pollution by consumers: The impact of exogenous shocks and dozy politicians.
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The paper discusses questions resulting from a study of the interaction of exogenous shocks and environmental policy. In a model with pollution as a side effect of consumption environmental policy is introduced in the form of a consumption tax with or without a subsidy on eco-friendly investments. In simulations we observe the dynamic behavior of models before and after sudden changes of exogenous variables. These shocks are jumps in productivity or a sudden depreciation of capital. Additionally we examine the effect of a simultaneous appearance of both types of shocks. Furthermore we investigate the consequences of a lagged reaction of the policy agents.
|Item Type:||MPRA Paper|
|Original Title:||Environmental policy in dynamic models with pollution by consumers: The impact of exogenous shocks and dozy politicians|
|Keywords:||Environmental Policy Instruments;Exogenous Shocks|
|Subjects:||C - Mathematical and Quantitative Methods > C6 - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C61 - Optimization Techniques; Programming Models; Dynamic Analysis
H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H23 - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q5 - Environmental Economics > Q58 - Government Policy
|Depositing User:||Jens Barthel|
|Date Deposited:||11. Apr 2008 14:34|
|Last Modified:||16. Feb 2013 05:02|
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