Abstract
Incorporating environmental regulation and its impact in general equilibrium models has by now a twenty years long tradition. In 1970, Leontief extended his input-output approach to quantify environmental repercussions on the economic structure. The shortcomings of this model, such as fixed coefficients in technological processes or zero price and income elasticities of demand, can be resolved by using a quantitative general equilibrium model. The objective of this paper is to employ such a model to quantify the economic effects of environmental policy and to present a cost-effectiveness analysis of different market instruments in environmental policy.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
