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environmental pollution, focusing primarily on influences of corruption, and the shadow economy, and paying special attention to … nations have higher pollution rates. Policy implications are noted. …
Persistent link: https://www.econbiz.de/10010729358
Without monitoring and enforcement, environmental laws are largely nonbinding guidance. Although economists and philosophers have thought seriously about the broader public enforcement of law since at least the eighteenth century, environmental monitoring and enforcement remain both understudied...
Persistent link: https://www.econbiz.de/10010951580
Recent development trends of environmental taxation in Ukraine in context of the 2011 Tax Reform are analysed. Institutional, fiscal and security challenges for green taxes evolution during economic downturn and recession are summarized. Further modernization outlook for environment-oriented...
Persistent link: https://www.econbiz.de/10011109061
This paper investigates the effect of governance on levels of water pollution for all industrial activities as well as … significantly correlated with water pollution across all industrial activities as well as specific industry groups. We conclude that … governance matters for mitigating industrial water pollution. This novel paper adds to the existing literature on industrial …
Persistent link: https://www.econbiz.de/10010931049
Designing an emissions trading scheme requires in-depth knowledge about several aspects. This paper attempts to clarify some important design points of the forthcoming emissions trading scheme for aviation under the EU ETS. Five general key points of system design are acknowledged and...
Persistent link: https://www.econbiz.de/10008509428
The modern state has monopolized the legitimate use of force. This concept is twofold. First, the state is empowered with enforcement rights; second, the rights of the individuals are (partly) restricted. In a simple model of property rights with appropriation and defense activity, we show that...
Persistent link: https://www.econbiz.de/10009418471
This paper assesses the relevance of intellectual property rights (IPRs) in the knowledge economy (KE)-finance nexus using the four variables identified under the World Bank’s knowledge economy index (KEI) and seven financial intermediary dynamics of depth, efficiency, activity and size. Three...
Persistent link: https://www.econbiz.de/10011260471
Trust in political institutions has declined across developed democracies.  One of the main reasons cited for this lack of trust in public opinion polls has been the role of money in politics.  The Supreme Court decisions in Citizens United and McCutcheon, amongst others, have increased the...
Persistent link: https://www.econbiz.de/10011206920
We present a theoretical model postulating that the relationship between crime and governance is "hump-shaped" rather than linearly decreasing. State failure, anarchy and a lack of infrastructure are not conducive for the establishment of any business. This includes illegal businesses, as...
Persistent link: https://www.econbiz.de/10009024574
This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some...
Persistent link: https://www.econbiz.de/10009141792