nep-res New Economics Papers
on Resource Economics
Issue of 2005‒05‒29
three papers chosen by
Maximo Rossi
Universidad de la República

  1. Households' Demand for Higher Environmental Quality: The Case of Russia By Blam Inna
  2. Air pollution and the macroeconomy across European countries By Francisco Alvarez; Gustavo A. Marrero; Luis A. Puch
  3. Discontinuous Extraction of a Nonrenewable Resource By Eric Iksoon Im; Ujjayant Chakravorty; James Roumasset

  1. By: Blam Inna
    Abstract: This paper employs the Russia Longitudinal Monitoring Survey (RLMS) to examine changes in Russian households' averting behavior against air and drinking water pollution and their willingness to pay additional money to the federal or local government for cleaner environment over the period 1994–1998. The empirical analysis demonstrates that the households income and the local environmental pollution do influence the respondent's decision on both averting behavior and his or her willingness to pay for cleaner air and drinking water. Also, the individual's life expectancy, living conditions, and knowledge about the negative impact of polluted environment (higher or serious illness thought to be caused by pollution in the respondent's family) are found to be significant determinants of the probability of the willingness to pay for environmental goods.
    Keywords: Russia, willingness to pay for better higher environmental quality, averting behavior
    JEL: D12 Q53
    Date: 2005–05–26
  2. By: Francisco Alvarez; Gustavo A. Marrero; Luis A. Puch
    Abstract: This paper analyzes the role of macroeconomic performance in shaping the evolution of air pollutants in a panel of European countries from 1990 to 2000. The analysis is addressed in connection with EU environmental regulation. We start by documenting the patterns of cross-country differences among different pollutants. We then interpret these differences within a neoclassical growth model with pollution. Three main pieces of evidence are presented. First, we analyze the existence of convergence of pollution levels within European economies. Second, we rank countries according to its performance in terms of emissions and growth. Third, we evaluate the evolution of emissions in terms of the targets signed for 2010.
  3. By: Eric Iksoon Im (Department of Economics, University of Hawaii at Hilo); Ujjayant Chakravorty (Department of Economics, University of Central Florida, Orlando); James Roumasset (Department of Economics, University of Hawaii at Manoa)
    Abstract: This paper examines the sequence of optimal extraction of nonrenewable resources in the presence of multiple demands. We provide conditions under which extraction of a nonrenewable resource may be discontinuous over the course of its depletion.
    Keywords: backstop technology, dynamic optimization, energy resources, Herfindahl principle, multiple demands
    JEL: Q3 Q4
    Date: 2005

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