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Centralization and Accountability: Theory and Evidence from the Clean Air Act

Boffa, Federico; Piolatto, Amedeo; Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2013

This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a model of political agency in which rent-seeking politicians provide public goods to win support from heterogeneously informed voters. In equilibrium, voter information...

Persistent link: https://www.econbiz.de/10011084457

How Elections Matter: Theory and Evidence from Environmental Policy

List, John; Sturm, Daniel M - C.E.P.R. Discussion Papers - 2004

In this Paper we explore to what extent secondary policy issues are influenced by electoral incentives. We develop a political agency model in which a politician decides on both a frontline policy issue, such as the level of public spending, and a secondary policy issue, such as environmental...

Persistent link: https://www.econbiz.de/10005789133

Inequality, Environmental Protection and Growth

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

We analyse how, in representative democracies, income distribution influences the stringency of environmental policy and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital when old. Externalities are caused by a polluting factor....

Persistent link: https://www.econbiz.de/10005791379

Political Institutions, Environmental Policy and Growth

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2004

We analyse the impact of micro-founded political institutions on environmental policy and economic growth. We model an overlapping-generations economy, where individuals differ in preferences over the environment (as well as in age). Labour taxation and capital taxation is used to finance a...

Persistent link: https://www.econbiz.de/10005791516

Environmental Policy and Capital Movements: The Role of Government Commitment

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

This Paper explores the relationship between environmental protection and international capital movements, when tax policy is endogenous (through voting). A two-period general equilibrium model of a small open economy is specified to compare the effects of two different constitutions (commitment...

Persistent link: https://www.econbiz.de/10005792126

Strategic Environmental Policy and International Trade - The Role of Market Conduct

Ulph, Alistair Mitchell - C.E.P.R. Discussion Papers - 1994

, they will set too tough environmental policy and the distortion will be greater if governments use emission standards … rather than emission taxes; both results are the opposite of what happened in Cournot competition. When only producers act … policy, which is the same result as with Cournot, but for very different reasons; when governments use emission taxes then …

Persistent link: https://www.econbiz.de/10005792245

Environmental Regulation and the Location of Polluting Industries

Rauscher, Michael - C.E.P.R. Discussion Papers - 1994

tax competition may lead to emission taxes that are either too low or too high. They may be so high that the investment is …

Persistent link: https://www.econbiz.de/10005792418

What Should we Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D

Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - C.E.P.R. Discussion Papers - 2010

This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...

Persistent link: https://www.econbiz.de/10008468637

Trade, Strategic Innovation and Strategic Environmental Policy - a General Analysis

Ulph, Alistair Mitchell; Ulph, David - C.E.P.R. Discussion Papers - 1994

There has been much debate recently about the nature of environmental policy that will be set by governments concerned about the competitive advantage their industries might obtain in a world of fierce trade competition. Some claim governments will set environmental policies that are too lax,...

Persistent link: https://www.econbiz.de/10005136590

Are the Costs of Cleaning Up Eastern Europe Exaggerated? Economic Reform and the Environment

Hughes, Gordon - C.E.P.R. Discussion Papers - 1990

Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert resources that would otherwise be available for industrial modernization. In fact, apart from a number of severely damaged areas, the general level of exposure to major...

Persistent link: https://www.econbiz.de/10005281413