100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

ECS2606 Assignment 2 Semester 1 | Due 22 April 2025

Rating
-
Sold
-
Pages
7
Grade
A+
Uploaded on
26-03-2025
Written in
2024/2025

ECS2606 Assignment 2 Semester 1 | Due 22 April 2025. All questions answered. 1. Analyze the static perspectives of the relationship between the economic growth and the environment in developing countries. 2. Explain how multiple sources of emissions can be controlled by using the equimarginal principle. 3. Use a graph to explain whether one standard of emissions can be simultaneously efficient in both a rural and an urban area. Efficiency of Market Based instruments Empirical studios In the United States (US) show that the efficiency gains associated with using economic Instruments rather than command-and-control has been substantial. Tietenberg suggests that approaches to regulate air pollution were as much as 22 times as expensive as the least-cost market-oriented alternative. For the eleven applications studied command and control applications were on average six times as expensive. Anderson et al. estimated that as of 1992. economic instruments for air, water, and land pollution within the US had saved more than US$11 billion relative to a command-and-control baseline. 4.1. Discuss the three types of environmental standards which form the command and control strategies. 4.2. Explain why incentive-based policies such as market-based instruments would tend to produce more efficiency gains than command-and-control policies? 5.Explain how property rights can steer the economy to social efficiency.

Show more Read less
Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Course

Document information

Uploaded on
March 26, 2025
Number of pages
7
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

, PLEASE USE THIS DOCUMENT AS A GUIDE TO ANSWER YOUR ASSIGNMENT

Please also note that the author of this document will not be responsible for any plagiarism you
commit.

1. Analyze the static perspectives of the relationship between the economic growth and the
environment in developing countries.

The static perspectives on the relationship between economic growth and the environment in
developing countries can be analyzed through two contrasting viewpoints. One perspective argues
that developing nations face a trade-off between economic growth and environmental quality, as they
may not be able to afford high environmental standards while striving for higher income levels. In
this view, increasing marketed output often comes at the cost of environmental degradation. This
concept is illustrated through Production Possibilities Curves (PPCs), where developed countries
operate on a higher curve, achieving both greater marketed output and environmental quality, while
developing countries may have to sacrifice environmental standards to reach similar economic
levels.

The second perspective suggests that economic growth and environmental quality can be
complementary in developing economies, particularly those reliant on natural resources like
agriculture. In this case, environmental degradation directly harms economic productivity by
depleting essential resources such as soil and water, whereas improving environmental conditions
can enhance long-term economic output. This perspective underscores the importance of sustainable
development, where economic growth and environmental preservation reinforce each other rather
than existing in conflict.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Aimark94 University of South Africa (Unisa)
Follow You need to be logged in order to follow users or courses
Sold
6575
Member since
6 year
Number of followers
3168
Documents
1326
Last sold
3 weeks ago
Simple & Affordable Study Materials

Study Packs & Assignments

4.2

520 reviews

5
277
4
124
3
74
2
14
1
31

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions