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We derive conditions of individual preferences and technology that give rise to a negative correlation between income inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping-generations model) in which individuals differ in...
Persistent link: https://www.econbiz.de/10005662063
harmful tax competition in the field of environmental regulation; and (v) how international disputes can be resolved. …
Persistent link: https://www.econbiz.de/10005666939
In this Paper we explore to what extent secondary policy issues are influenced by electoral incentives. We develop a political agency model in which a politician decides on both a frontline policy issue, such as the level of public spending, and a secondary policy issue, such as environmental...
Persistent link: https://www.econbiz.de/10005789133
We analyse how, in representative democracies, income distribution influences the stringency of environmental policy and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital when old. Externalities are caused by a polluting factor....
Persistent link: https://www.econbiz.de/10005791379
We analyse the impact of micro-founded political institutions on environmental policy and economic growth. We model an overlapping-generations economy, where individuals differ in preferences over the environment (as well as in age). Labour taxation and capital taxation is used to finance a...
Persistent link: https://www.econbiz.de/10005791516
This Paper explores the relationship between environmental protection and international capital movements, when tax policy is endogenous (through voting). A two-period general equilibrium model of a small open economy is specified to compare the effects of two different constitutions (commitment...
Persistent link: https://www.econbiz.de/10005792126
markets when there is Bertrand competition. Strategic behaviour by governments takes the form of distortions to their … producers implies inefficient investment in R&D. I contrast the outcomes with Bertrand competition with those in Cournot … competition, which I analysed in an earlier paper (Ulph (1993a)). The main findings are: when only governments act strategically …
Persistent link: https://www.econbiz.de/10005792245
Does international tax competition in the environmental field lead to undesirably low levels of environmental … tax competition may lead to emission taxes that are either too low or too high. They may be so high that the investment is …
Persistent link: https://www.econbiz.de/10005792418
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10008468637
about the competitive advantage their industries might obtain in a world of fierce trade competition. Some claim governments … competition where there are strategic gains to governments trying to manipulate markets through their environmental policies, and …
Persistent link: https://www.econbiz.de/10005136590