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Partial Privatization of State Holding Corporations
(Departamento Fundamentos del Análisis Económico I, 2016-06)
We consider a state holding corporation with two plants that may produce complement or substitute goods and that compete with one or two private firms. We find that the government partially privatizes the two plants of the ...
International and Intergenerational Dimensions of Climate Change: North-South Cooperation in an Overlapping Generations Framework
(2003-12)
Global environmental problems such as climate change have both an international and an intertemporal dimension. Recently, some papers have used an overlapping generations framework to analyze the climate change problem ...
Partial cross-ownership and strategic environmental policy
(2011)
This paper analyzes the effect that passive investment in rival firms has on the setting of cooperative and non-cooperative environmental taxes. We consider two firms located in different countries, one of which owns a ...
Foreign Aid Linked to Infrastructure and/or Pollution Abatement
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03)
This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in ...
An Approach to the stability of international environmental agreements: the absorbing sets solution
(2003-12)
We study international environmental negotiations when agreements between countries can not be binding. A problem with this kind of negotiations is that countries have incentives for free-riding from such agreements. We ...