Showing 1 - 10 of 556
In this study, the real demand for global and local environmental protection in Beijing, China, is elicited and investigated. Participants from Beijing were offered the opportunity to contribute to voluntary climate change mitigation by purchasing permits from two Chinese CO2 emissions trading...
Persistent link: https://www.econbiz.de/10012917519
We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in the damage coefficient. The model allows the full dynamic characterization of the optimal emission policies under uncertainty. The results, that imply prudent behavior due to...
Persistent link: https://www.econbiz.de/10013315940
The transition process in Central and Eastern Europe was associated with growing environmental awareness. This paper analyses the determinants of Pollution Abatement and Control Expenditure (PACE) at plant level in the case of Romania using survey data and a Multilevel Regression Model (MRM)....
Persistent link: https://www.econbiz.de/10013316131
We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...
Persistent link: https://www.econbiz.de/10013317105
This analysis seeks to understand whether changes in oil regulation brought about by the shale revolution have restricted the pace of drilling and production. This hypothesis is tested using data on North Dakota and Montana both before and after North Dakota increased the level of bonding...
Persistent link: https://www.econbiz.de/10012915454
This paper surveys recent research on decentralization and natural disasters. The first part discusses results from …
Persistent link: https://www.econbiz.de/10013083868
This paper explores the role of information transmission in explaining donors' choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...
Persistent link: https://www.econbiz.de/10013073609
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization' and ‘centralization' — when ‘knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10013075612
This paper adds to the literature by utilizing improved data on tax revenue decentralization to re-examine the … relationship between fiscal decentralization and the size of government. An econometric analysis using panel data from 18 OECD … countries shows that fiscal decentralization matters for both the size and composition of government spending. Tax revenue …
Persistent link: https://www.econbiz.de/10012783397
Adding to the literature on the effects of government decentralization, this paper uses a large sample of individual … study the relative influences of different types of decentralization, including fiscal decentralization, administrative … decentralization, federalism, and aggregate decentralization. Our results show that fiscal and administrative decentralization are …
Persistent link: https://www.econbiz.de/10012984565