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lack of a coercive global authority that is able to enforce efficient international environmental regulations. In our model … individual regions voluntarily commence international negotiations on public good provision, which are accompanied by side …, it is applicable to various international externality problems …
Persistent link: https://www.econbiz.de/10013316908
Persistent link: https://www.econbiz.de/10003499681
, international financial crisis and fiscal retrenchment have focussed policy makers on the international dimensions of income and … contrast, greater international co-operation for direct tax collection (to which the G20 is already committed) would allow …
Persistent link: https://www.econbiz.de/10010210650
In the present work we try to find out whether the existence of positive international externalities generates an … adopt a simple economic model incorporating the international linkage of national economies. Utility proves always to be …
Persistent link: https://www.econbiz.de/10010255278
In this paper we highlight aspects related to the links between international migration, foreign tied aid and the …
Persistent link: https://www.econbiz.de/10013318406
A principal's production decision imposes a negative externality on an agent. The principal may be a pollution-generating firm, the agent may be a nearby town. The principal offers a contract to the agent, who has the right to be free of pollution. Then the agent privately learns the disutility...
Persistent link: https://www.econbiz.de/10012864495
One of Coase's central insights is that distinguishing between the generator and recipient of an externality is of limited value because externality problems are reciprocal. We reconsider the relevance of the identity of the generator in a model with non-contractible investment ex ante but...
Persistent link: https://www.econbiz.de/10014062229
This paper revisits Fernández-Huertas Moraga and Rapoport’s (2014) proposal of tradable immigration quotas [Journal of Public Economics, Vol. 115, pp. 94–108]. We show that their main results hinge on tacit assumptions. In general, the combination of tradable quotas and matching is neither...
Persistent link: https://www.econbiz.de/10013219820
This paper analyzes the impact of consumption externalities on the quot;Pigouvian ranking,'quot; according to which the second-best level of public good provision is smaller than the first-best level. Consumption externalities introduce exceptions to the Pigouvian ranking. Two necessary and...
Persistent link: https://www.econbiz.de/10012724464
Persistent link: https://www.econbiz.de/10001530931