Showing 1 - 10 of 565
Persistent link: https://www.econbiz.de/10005104776
In Ulph (2002) I analysed how the possibility of future resolution of uncertainty about damage costs affected the incentives and timing for countries to join a self-enforcing international environmental agreement (IEA). I analysed two membership rules – fixed (countries commit whether to...
Persistent link: https://www.econbiz.de/10005062108
In this paper, we develop a model of advertising in a differentiated duopoly in which firms first decide how much to invest in cooperative or predatory advertising and then engage in product market competition (Cournot or Bertrand). We then use this model, with endogenously determined type of...
Persistent link: https://www.econbiz.de/10005062113
A number of countries have recently introduced legislation which holds polluters liable for the costs of cleaning up environmental damage they have caused. While in principle this gives polluters appropriate incentives to reduce the risk of environmental damage, these incentives are weakened if...
Persistent link: https://www.econbiz.de/10005062119
I analyse how the possibility of future resolution of uncertainty about damage costs affects incentives to join a self-enforcing international environmental agreement. Unlike earlier literature, the model allows many countries, uses a solution concept which does not restrict the size of a stable...
Persistent link: https://www.econbiz.de/10005062155
Concerns have been expressed that in a global market place with mobile capital, national governments will have incentives to set weak environmental policies (“environmental dumpingâ€) to protect the international competitiveness of their domestic firms, that these incentives are...
Persistent link: https://www.econbiz.de/10005401246
We address two concerns: trade liberalisation may lead to a race-to-the bottom in environmental standards; supra-national agencies, who might overcome this, may be captured by special interest groups. This raises two sets of choices: whether to set environmental policy at the national or...
Persistent link: https://www.econbiz.de/10005401308
This paper develops a quantitative model of city structure to separate agglomeration forces, dispersion forces and fundamentals as determinants of location choices. The model remains tractable and amenable to empirical analysis because of stochastic shocks to worker productivity, which yield a...
Persistent link: https://www.econbiz.de/10010958165
This paper exploits the division of Germany after the Second World War and the re-unification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10005069335
We formulate a model to explain why the lack of political competition may stifle economic performance and use the United States as a testing ground for the model’s predictions, exploiting the 1965 Voting Rights Act which helped break the near monpoly on political power of the Democrats in...
Persistent link: https://www.econbiz.de/10005187340