Topic: Agglomeration Economies and the Effectiveness of Environmental Regulation
Venue: AB 1079
Time: 11:45am-12:45pm, June.25
Bio: Professor JunJie Wu is the Emery N. Castle Chair in Resource and Rural Economics and Director of the Center for Agricultural and Environmental Policy at Oregon State University. He is also a University Fellow at Resources for the Future, a Visiting Professor at Shanghai Jiaotong University, and a Jinguang Distinguished Visiting Professor at Peking University. Dr. Wu’s research areas include the optimal design of agri-environmental policy, spatial modeling of land use change and its economic and environmental impacts, rural-urban interdependencies, and causes and evolution of spatial disparities in economic development. He has published more than 90 refereed journal articles and numerous other papers. He has won several awards for quality research, including the Quality of Research Discovery award from the American Agricultural and Applied Economics Association and the Outstanding Published Research Award from the Western Agricultural Economics Association. He has served as an Editor of American Journal of Agricultural Economics and an Associate Editor of Journal of Regional Science. He is a Fellow of the Agricultural and Applied Economics Association.
Abstract: This paper takes an initial step toward incorporating insights from urban economics into environmental policy analysis, in an effort to better understand the persistent environmental problems that plague cities in many developing countries. We develop a model to analyze the interaction between agglomeration economies, economic growth and environmental quality in a context where entrepreneurs can decide where to live/locate their firms and in the long run entry/exit can occur. We apply the model to examine the effectiveness of environmental policy and provide a possible explanation for persistent environmental problems in China and emerging economies. An empirical application is also presented.