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The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the new cloths, patterns and designs became increasingly fashionable. However, high silver wages in Britain as a result of high productivity in other tradable goods and services,...
Persistent link: https://www.econbiz.de/10005662364
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
There has been much debate recently about the nature of environmental policy that will be set by governments concerned about the competitive advantage their industries might obtain in a world of fierce trade competition. Some claim governments will set environmental policies that are too lax,...
Persistent link: https://www.econbiz.de/10005136590
Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert resources that would otherwise be available for industrial modernization. In fact, apart from a number of severely damaged areas, the general level of exposure to major...
Persistent link: https://www.econbiz.de/10005281413
This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a model of political agency in which rent-seeking politicians provide public goods to win support from heterogeneously informed voters. In equilibrium, voter information...
Persistent link: https://www.econbiz.de/10011084457
regulation and to unacceptable standards of environmental quality? The paper attempts to answer this question in a non …
Persistent link: https://www.econbiz.de/10005792418
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
International trade and environmental regulation are interdependent. Central and East European Countries (CEECs) are … experience with existing international agreements. The major questions are: (i) how the capture of environmental regulation by … 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