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We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a … restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both … firms. Private lobbying increases the individual pollution standard of the lobbying firm, but has a negative or zero effect …
Persistent link: https://www.econbiz.de/10001729421
relative to legislative intervention when lobbying congress is very effective and when the polluter and the regulator do not … sector characteristics and the degree of influence of lobbying on congress …
Persistent link: https://www.econbiz.de/10012766529
Taking a political economy perspective this paper proposes an alternative carbon abatement policy instrument with significant advantages over existing policy instruments. The key feature of the proposed carbon securities is that they entitle their owners to a fixed proportion of ex ante unknown...
Persistent link: https://www.econbiz.de/10013315931
. In particular, we discuss the joint impact of trade openness and political uncertainty. Our theory predicts that the …. Political uncertainty has a positive effect on environmental policy as it reduces lobbying efforts. Applying our model to a … unique data set of primarily developing countries, the empirical findings support the theory and are robust under alterntive …
Persistent link: https://www.econbiz.de/10013317834
We study how the opportunity to trade in trash might influence the equilibrium outcome when the tax on the externality is determined by a political economy process. In our model, individuals have heterogeneous preferences for environmental quality, and there is a leakage when funds are...
Persistent link: https://www.econbiz.de/10012263837
We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a … restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both … firms. Private lobbying increases the individual pollution standard of the lobbying firm, but has a negative or zero effect …
Persistent link: https://www.econbiz.de/10014093067
This paper develops a theory of environmental policy formation, taking into consideration the degree of corruptibility …
Persistent link: https://www.econbiz.de/10014029693
Persistent link: https://www.econbiz.de/10013388288
How can the West's economic and political polarization be explained? We argue that persuasive lobbying at various …-term lobbying infrastructure investments in a simpli_ed tax-and-spend model, the deviations between majority desires and implemented …
Persistent link: https://www.econbiz.de/10012649786
Persistent link: https://www.econbiz.de/10009663734