• Article  

      Can cross-border pollution reduce pollution? 

      Hatzipanayotou, Panos; Lahiri, Sajal; Michael, Michael S. (2002)
      We develop a two-country model of foreign aid and cross-border pollution resulting from production activities in the recipient country. There is both private and public abatement of pollution, the latter being financed ...
    • Article  

      Cross-border pollution, public pollution abatement and capital tax competition 

      Hadjiyiannis, Costas; Hatzipanayotou, Panos; Michael, Michael S. (2014)
      We analyze the case where governments have to use income tax revenue to finance public pollution abatement and relate the results to the existing literature on capital tax competition. We show that the impact of public ...
    • Article  

      Cross-border pollution, terms of trade, and welfare 

      Hatzipanayotou, Panos; Lahiri, Sajal; Michael, Michael S. (2008)
      We construct a two-good general equilibrium model of international trade for two small open economies where pollution from production is transmitted across borders. Governments in both countries impose emission taxes ...
    • Article  

      Pollution, capital mobility and tax policies with unemployment 

      Tsakiris, Nikos; Hatzipanayotou, Panos; Michael, Michael S. (2008)
      In this paper we highlight aspects related to the links among unemployment, international capital mobility, and tax policies in a small open developing economy. Without international capital mobility, the joint optimal ...
    • Article  

      Trade-offs in CO2-oriented vehicle tax reforms: A case study of Greece 

      Adamou, Adamos; Clerides, Sofronis; Zachariadis, Theodoros (2012)
      We estimate demand for automobiles in Greece using a model of product differentiation and use the model to evaluate carbon-based tax schemes that could shift consumer purchases towards low CO2 emission cars. We find that ...
    • Article  

      Welfare implications of car feebates: A simulation analysis 

      Adamou, Adamos; Clerides, Sofronis; Zachariadis, Theodoros (2014)
      Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, ...