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We study an OLG economy where productivity growth comes from two alternative sources: process innovation and learning-by-doing. There is a trade-off between the two in so far as frequent technological updates reduce the scope for learning on existing technologies. A conflict is shown to arise...
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We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both firms. Private lobbying increases the individual pollution...
Persistent link: https://www.econbiz.de/10001729421
Are national or multinational firms better lobbyists? This paper analyzes the extent of national environmental regulation when policy is determined in a lobbying game between a government and firm. We compare the resulting regulation levels for national and multinational firms. We identify three...
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In a field dominated by a discourse that paints the European Union (EU) as a change agent providing initial stimuli, it is refreshing that the transmission or diffusion of norms, values, processes and institutional design is now being reported (albeit inchoately) in the cooperation of regional...
Persistent link: https://www.econbiz.de/10011387486
Independently of the fact that the replacement of overtly authoritarian regimes in many African countries appeared to presage fundamental political change, a closer examination of democratic trends since the establishment of the African Union (AU) paints a less promising picture. In this paper,...
Persistent link: https://www.econbiz.de/10010496295