It is generally accepted that decentralized policy choice in the presence of interjurisdictional spillovers is inefficient. Strikingly, Ogawa and Wildasin (2009) find that in a model with heterogenous jurisdictions, interjurisdictional capital flows, and interjurisdictional environmental damage...

The Theory of Fiscal Federalism offers a normative framework to evaluate the existing allocation of competences. To derive an actual relevant scope for reforms supporting an efficient Agri-environmental Policy the general theoretical criteria have to be specified. Thus, the parameters defining...

Although aquaculture has been practised for many centuries, it was in the past on quite a modest scale and limited to a few species e.g. carp. However, in recent decades, aquaculture has shown very rapid expansion. This is partly because catches of wild fish have expanded at a slower rate than...