We analyze non-cooperative environmental policy when the only strategic interaction between countries is through bilateral transboundary pollution, i.e., countries are closed or small open economies. When countries set pollution taxes simultaneously, there is no carbon leakage. However, in the sequential-move game, the leader sets its pollution tax lower than the marginal damage from own pollut...

Increasing attention is being paid to spatial distribution characteristics of haze pollution and its relation with socioeconomic factors. This study investigates the spatial autocorrelation of haze pollution in China and the effect of foreign direct investment (FDI) on haze pollution in China using a panel data of 31 provinces over the period 2000-12. Using a widely used spatial autocorrelation...

The concepts of regular generalized functions in Gaussian analysis are presented. Spaces of regular generalized functions are characterized and their probabilistic structure is worked out. Finally, these concepts are applied to a nonlinear (Verhulst type) equation. Its solution is shown to be a regular generalized process with martingale property.