This paper studies the ability of the political process to design public policies implying an eective and ecient provision of global and local environmental public goods. While it is commonly accepted that the market is unable to guarantee an ecient provision of public goods, such as...

The literature on political economy analyses of agricultural protection mainly focus on the impact of economic and demographic structures on the level of agricultural protection (Tyers/Anderson 1992, Swinnen 1994, Rausser et al. 1974), although it is commonly accepted that beyond economic and...

Ein einfaches polit-ökonomisches Gleichgewichtsmodell

This paper derives an applied general political economy model incorporating a model of political decision-making into a computable general economic equilibrium model. Political decision-making among a set of legislators is modeled via a mean voter decision rule derived from a modified...

The paper presents a political economy analysis of the present and future CAP reform induced under different policy scenarios regarding future EU enlargement and future WTO agreements. Theoretically, the analysis is based on a political exchange model suggested by HENNING (2000). Main results...