We model a non-cooperative energy tax setting game amongst countries who join an international market in which firms trade emission permits. Countries can auction a share of their permit endowment and issue the remainder for free to a representative firm. Each country's regulator has a double...

International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....

International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....

The paper’s aim is to link two different issues: equalization and fiscal competition. In the model there are two regions: the first one has rich citizens and the other one has poor citizens. Regional representatives in a federal Council must decide on the introduction of an equalization...

This paper presents a political economy approach to payroll tax competition between countries adopting different systems of social insurance. It considers two such systems: the Bismarckian one where benefits are partially linked to payroll taxes and the Beveridgean one where benefits are fiat. A...

Previous literature has shown that competition among regional governments may lead to inefficiently low levels of capital taxation, because governments do not take account of the external benefits of capital flight to other regions. However, the fiscal distortion is smaller the more elastic the...

Domestic laws are the ideal legal instrument to regulate the mining sector’s contribution to climate change mitigation and adaptation. Even so, as a stop-gap-measure, governments may consider updating model mining development agreements (MMDAs) or negotiating climate­-related contractual...

Using a world multi-sectoral, multi-regional trade model, this paper has investigated the economic and environmental implications of climate control coalitions cooperating on R&D investment that triggers low cost environmentally friendly technologies. We start with the Kyoto scenario where all...

The East-West Center convened the international conference on climate policy in Honolulu, Hawaii, on September 4-6, 2003. Sponsored by the Dutch Ministry of Housing, Spatial Planning and the Environment, the Japanese Ministry of the Environment, Industrial Technology Research Institute (Taiwan),...

The Kyoto Protocol incorporates emissions trading, joint implementation and the clean development mechanism to help Annex 1 countries to meet their Kyoto targets at a lower overall cost. Using a global model based on the marginal abatement costs of 12 countries and regions, this paper estimates...