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This paper addresses the issue of whether the powers of monitoring compliance and allocating tradeable emissions allowances within a federation of countries should be appointed to a unique federal regulator or decentralized to several local regulators. To this end, we develop a two stage game...
Persistent link: https://www.econbiz.de/10014211875
, it is not also a necessary condition. -- Emissions Trading ; Environmental Federalism ; Enforcement ; Monitoring Cost …
Persistent link: https://www.econbiz.de/10008799166
in enforcement may lead regulators to restrict the use of offsets. In this paper, we demonstrate that allowing offsets … may increase pollution abatement and reduce illegal pollution, even if the government has a fixed enforcement budget. We … explore the circumstances that may make it preferable to allow offsets when enforcement is costly …
Persistent link: https://www.econbiz.de/10013069284
This chapter provides a review and assessment of the extensive literature on the political determination of environmental regulation. A promising theoretical literature has emerged relatively recently that provides models of the political interaction of government with various interest groups in...
Persistent link: https://www.econbiz.de/10014023937
I build a two-country general oligopolistic equilibrium model, in which sectors differ in emissions and technologies, and pollution can be transboundary. I derive the optimal bilateral environmental policy for the economy as a whole, for the cases in which the environmental damage either...
Persistent link: https://www.econbiz.de/10012982392
In a stylized model of international trade, firms in the North indirectly export second-hand products to a representative firm in the South to be reused as intermediate goods, with potential trade gains. The level of reusability of waste products is a crucial choice variable in the North. This...
Persistent link: https://www.econbiz.de/10013091676
Recycling waste from used goods can substitute for scarce raw materials and reduce resource dependence. This paper presents a model of waste collection, recycling and final goods production using raw and recycled materials. Non-recycled waste must be safely stored by landfill to avoid...
Persistent link: https://www.econbiz.de/10014346450
This study investigated the effect of trade liberalization on carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) emissions. The exogenous reduction in trade restrictions due to countries' accession to the World Trade Organization is used as a measure of trade liberalization. Using the...
Persistent link: https://www.econbiz.de/10013216530
This report assesses conceptually and empirically the extent to which the stringency of environmental regulations drives international trade in environmental goods. Many of the measures governments adopt to address issues such as local air and water pollution or GHG emissions take the form of...
Persistent link: https://www.econbiz.de/10010463420
This paper is the first to estimate the effect of two international agreements (Rotterdam Convention, RC, and the Stockholm Convention, SC) in reducing trade in hazardous substances. We estimate the effects of ratification of these agreements on imports of the affected products putting emphasis...
Persistent link: https://www.econbiz.de/10011774922