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Economic Equilibrium Model for Pollution Management and Resource Generation in a District: A Block-Level Approach

HARIT, ADITYA (2024): Economic Equilibrium Model for Pollution Management and Resource Generation in a District: A Block-Level Approach.

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Abstract

This paper develops an economic equilibrium model for pollution management and resource generation within a district, segmented into blocks. The model uses quadratic equations to derive equilibrium conditions at both block and district levels. The analysis incorporates principles from Keynesian, welfare, and environmental economics. The model is solved step by step, yielding collective equilibrium conditions consistent with global environmental commitments.

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