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Memorandum, Department of Economics, University of Oslo >
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http://hdl.handle.net/10419/63198
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| Title: | | Transboundary environmental problems with a mobile population: Is there a need for central policy?  |
| Authors: | | Hoel, Michael Shapiro, Perry |
| Issue Date: | | 2000 |
| Series/Report no.: | | Memorandum, Department of Economics, University of Oslo 2000,16 |
| Abstract: | | It is a widely held view that efficient environmental policies regulating transboundary pollution will be adopted only if there is interjurisdictional coordination. Efficient policies can be adopted as a result of interstate treaties or mandated by a central authority. However, if the policies of states are chosen to maximize the same function of own citizen welfare, and if individuals migrate freely between states, constrained-efficient environmental regulatory policies are a non-cooperative equilibrium. The policies are constrained-efficient in equilibrium, the policy choices are the same as those found by maximizing the social welfare function subject to a policy feasibility constraint. |
| Subjects: | | Transboundary pollution Population mobility Federalism |
| JEL: | | D6 H7 Q20 R23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Memorandum, Department of Economics, University of Oslo
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