Search results for "Externality"
showing 10 items of 74 documents
Exploring the feasibility of introducing electric freight vehicles in the short food supply chain: A multi-stakeholder approach
2021
Abstract The transition towards more sustainable approaches in the Food Supply Chain was concretely visible in the implementation of alternative models, like the Short Food Supply Chain. Some authors raise doubts on the environmental impact of this model, in particular for the externalities caused by the transport system, suggesting the adoption of Electric Freight vehicles. By adopting a multi-stakeholder approach, the objective of this study is to explore both the barriers and potentialities involved in the adoption of Electric Freight vehicles in the Short Food Supply Chain, and the existence of a shared strategy at the system level able to foster their adoption. Results suggest that, fo…
PAYMENT FOR ENVIRONMENTAL SERVICES FOR THE SUSTAINABLE DEVELOPMENT OF THE TERRITORY
2014
Over the last years the interest in environmental s ervices provided by forests has considerably grow. This situation, in developed countries, derive from risi ng demand of new goods and services tied to landsca pe use and leisure activities. These can be considered such as no woody products and they represent externalities produced by forest that, if suitably utilized, could produce value for the area and earn ings for people living near forests. From an economic point of view, at the aim of providing these services, it is necessary the introduction of a suitable payment sy stem or, in alternative, a situation in which posit ive externalities of landscape, in sync with other good s/service…
Environmental pollution, sustained growth, and sufficient conditions for sustainable development
2016
Abstract Sustainability and optimality are the two main issues discussed in environmental economics and economic growth theory. This paper studies economic growth in the presence of two environmental externalities. The first one is local and gives account of the marginal damage from the emissions flow. The second one is aggregate, or global, and relates to the extreme damage which may happen if the accumulated stock of pollutants is on the threshold of a worldwide catastrophe. In this context, the decentralized equilibrium is inefficient and economic growth unsustainable. However, we find and completely characterize the socially optimal equilibrium, which shows that sustained growth is feas…
Promoting sustainable environmental practices amongst automobile consumers: an evaluation of the impacts of pursuing innovations in tax regulations
2012
The growing importance of environmental sustainability has resulted in governments pursuing innovative regulatory changes in order to achieve this goal. The aim of this paper is to evaluate critically whether pursuing innovative regulations in the realm of environmental taxation have elicited more sustainable practices amongst automobile consumers in Spain. The finding is that the tax innovations of the Spanish government that seek to internalise externalities, namely the registration tax and fuel tax, but not the annual circulation tax, are leading automobile consumers to pursue more environmentally sustainable practices, and are also resulting in the automotive sector itself pursuing inno…
Environmental taxation, information precision, and information sharing
2022
We analyze how environmental taxes should be optimally levied when the regulators and firms face costs uncertainties in a Stackelberg-Cournot game. We allow linear-quadratic payoffs functions coupled with an affine information structure encompassing common and private information with noisy signals. In the first period, the regulator chooses the intensity of emissions taxes in order to reduce externalities. In the second period, facing industry-related and firm-specific shocks, firms compete in the marketplace as Cournot rivals and choose outputs. We show that, given costs uncertainties with non-uniform quality of signals across firms, the regulator sets differentiated tax policy. We also e…
Competitive versus efficient extraction of a common property resource: The groundwater case
2001
Abstract In this paper socially optimal and private extraction of a common property aquifer are compared. Open-loop equilibrium and feedback equilibrium in linear strategies have been computed to characterize private extraction. The use of these two equilibrium concepts allows us to distinguish between cost and strategic externalities as long as the open-loop solution captures only the cost externality, and the feedback solution captures both. The results show that strategic behaviour increases the overexploitation of the aquifer compared to the open-loop solution. However, if the groundwater storage capacity is large, the difference between the socially optimal and private extraction, the …
A reconsideration of the link between vertical externality and managerial incentives
2018
Previous research revealed that the strategic role of delegation contracts disappears if two quantity†setting firms outsource input production to a monopolistic supplier. I show that this role is restored if the assumption of a downstream duopoly is relaxed. Thus, delegation contracts allow downstream profit†maximizing owners to commit their firms to a behavior that differs from their preferences. This behavior varies nonmonotonically with the number of firms in the downstream market. Corresponding deviations from profit maximization are larger if the upstream monopolist makes a price precommitment. But little to no deviation occurs if the number of firms is large.
Multi-Destination Trips and Tourism Statistics: Empirical Evidences in Sicily
2012
Abstract The knowledge of the actual magnitude and main features of tourism flows in a given destination is an essential prerequisite for the evaluation of tourism impacts and externalities. Indeed, many pleasure trips are often characterized by the visit to more than a single destination. Although the topic is well-documented in literature, the empirical results are limited to a few pioneering studies. The lack may be attributable to the failure of tourism organizations to collect data on multi-destination trip behaviour. This can be seen, for example, in the system of European statistics on tourism (according to the Council Directive 95/57 EC), where information on the average number of v…
Direct and indirect knowledge spillovers and industrial productivity
2016
AbstractThis paper analyses the importance of externalities related to the spread of innovation across sectors. Such spillover effects arise from R&D activities and input–output (IO) linkages among sectors in the country. We borrow Spatial Econometrics techniques to make consistent estimates of the impact of these systematic direct and indirect spillovers on sector’s productivity and the possibility of other types of productivity spillovers in the error term. We find that direct spillovers emanating from IO horizontal linkages determine sector’s productivity, while the indirect effects prove to be negligible. Furthermore, the technological intensity of IO linkages and the productive structu…
Legal Scholars Communities and Academic Conferences
2012
Many scientific communities – including those devoted to the study of law – regularly organize academic conferences to which all members of the considered community are called to attend. After describing the goals of these conferences, their types, their social costs and the positive externalities they may produce, this paper analyzes which type of academic conference could be most appropriate in order to maximize social welfare, which the practices of the Spanish legal scholars in this respect are and why such practices do not always seem to be the best ones from a public interest point of view.