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This paper examines policy centralization outcomes in a two-jurisdiction, political economy model of public good provision choices with heterogeneous policy preferences and interjurisdictional policy spillovers, under alternative democratic choice procedures, namely, direct democracy and...
Persistent link: https://www.econbiz.de/10001626378
We explore the relationship between international policy coordination and domestic policy credibility when both must be self-supporting. Our arguments are presented in the context of a two-country, two-period model of dynamic emission abatement with transboundary pollution, where government...
Persistent link: https://www.econbiz.de/10001854978
We describe a model of international, multidimensional policy coordination where countries can enter into selective and separate agreements with different partners along differentpolicy dimensions. The model is used to examine the implications of negotation tie-in - the requirement that...
Persistent link: https://www.econbiz.de/10001626374