Showing 1 - 10 of 32
synchronisation of the economic development of the member states. In a second approach, voting power indices are assigned to the …
Persistent link: https://www.econbiz.de/10010297393
In this paper we study political-economy determinants of the differentiation of environmental taxes between sectors. Using a common-agency model, we provide predictions on tax differentiation which are then tested using data from the German Ecological Tax Reform. As the reform is revenue neutral...
Persistent link: https://www.econbiz.de/10010297511
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10010297571
The paper applies standard public choice reasoning to the negotiations on EU enlargement and the Treaty of Nice. The starting point is the assumption that accession can only be successfully completed if the interests of decisive actors in present EU countries are respected. Decisive actors in...
Persistent link: https://www.econbiz.de/10010297706
The system of banking supervision in Europe is undergoing substantial reforms. According to Stigler?s capture theory regulation often follows the preferences of producers. Therefore, the interests of the financial industry might be a major driving force for the ongoing supervisory reform debate....
Persistent link: https://www.econbiz.de/10010297761
powerful lobby groups face a lower regulatory burden, which for sufficiently high lobbying power leads to an inefficient … lobbying power stand-alone or threats of potential worker layoffs did not exert a significant influence on the EU ETS …
Persistent link: https://www.econbiz.de/10010298033
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012140943
The paper deals with the subtraction rule, which has been proposed by the ?working group security of supply in service of the cartel offices of the federal republic and the states? as an instrument to identify improperly inflated network access charges in the electricity industry. We analyze...
Persistent link: https://www.econbiz.de/10010297347
In this paper, a practicable scheme of SO2-emission permits for European power producers is developed. Background is …
Persistent link: https://www.econbiz.de/10010297583
In the debate on the premature phase-out of nuclear power generation in Germany, there is an intense dispute on the … effective operating time for the existing nuclear power plants. This paper addresses the question of how alternative phase …-out regulations affect both the magnitude of total economic costs and the distribution of these costs across nuclear power plants and …
Persistent link: https://www.econbiz.de/10010297686