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Economic Analysis, Sustainability and Environmental Commons
Musu, Ignazio - 2021
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10013315644
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Developing Country Second-Mover Advantage in Competition Over Environmental Standards and Taxes
Groenert, Valeska - 2014
We show that, in competition between a developed country and a developing country over environmental standards and … environmental-standard levels. We introduce this feature to an otherwise familiar model of fiscal competition. Four distinct …
Persistent link: https://www.econbiz.de/10013066914
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Labor Policies and Capital Mobility in Theory and in EMU
Bertola, Giuseppe - 2014
“Race-to-the-bottom” deregulation is to be expected when markets operate across the borders of countries that independently choose and enforce labor policies. Less obviously, in pre-crisis EMU reforms of labor market policies were uneven and related to international imbalances. That pattern...
Persistent link: https://www.econbiz.de/10013048889
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Fiscal and Migration Competition
Razin, Assaf - 2010
It is often argued that tax competition may lead to a ‘race to the bottom'. This result may indeed hold in the case of … importantly also by the benefits that the welfare state provides. The paper analyzes fiscal competition with and without migration … productivity) engage in fiscal competition. Using numerical simulations we examine how the migration and tax policies are shaped …
Persistent link: https://www.econbiz.de/10013142237
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Environmental Regulation and Competitiveness : Evidence from Romania
Arouri, Mohamed El Hedi; Caporale, Guglielmo Maria; … - 2021
According to the pollution haven hypotheses differences in environmental regulation affect trade flows and plant location. Specifically, environmental stringency should decrease exports and increase imports of 'dirty' goods. This paper estimates a gravity model to establish whether the...
Persistent link: https://www.econbiz.de/10013315867
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Unintended Detrimental Effects of Environmental Policy : The Green Paradox and Beyond
van der Werf, Edwin - 2015
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large amount of literature has emerged showing under what conditions this so-called ‘Green Paradox' may occur. We review this literature and identify the key mechanisms...
Persistent link: https://www.econbiz.de/10013037941
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Six Distributional Effects of Environmental Policy
Fullerton, Don - 2011
While prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns to...
Persistent link: https://www.econbiz.de/10013131355
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Why Does Environmental Policy in Representative Democracies Tend to Be Inadequate? A Preliminary Public Choice Analysis
Kollmann, Andrea - 2010
. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10013136587
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Global Warming and Extreme Events : Rethinking the Timing and Intensity of Environmental Policy
Chen, Yu-Fu - 2010
The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...
Persistent link: https://www.econbiz.de/10013139799
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Can a Unilateral Carbon Tax Reduce Emissions Elsewhere?
Elliott, Joshua - 2013
One country that tries to reduce greenhouse gas emissions may fear that other countries get a competitive advantage and increase emissions (“leakage”). Estimates from computable general equilibrium (CGE) models such as Elliott et al (2010a,b) indicate that 15% to 25% of abatement might be...
Persistent link: https://www.econbiz.de/10013086412