This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize...

Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from buying a good of higher environmental quality...

Developing countries in Asia face a variety of environmental challenges. Although environmental economics grew mostly out of the experience of developed countries, decades of environmental economics research offer important and useful lessons for environmental regulation in developing countries...

Verzichten Regierungen auf Umweltschutzmaßnahmen, um die internationale Wettbewerbsfähigkeit ihrer Industrie nicht zu gefährden oder eine Abwanderung von Unternehmen zu verhindern? Oder forciert genau umgekehrt eine rigide Umweltschutzpolitik die Innovationsfähigkeit der Unternehmen und...