کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10475447 | 929150 | 2005 | 13 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
On interjurisdictional competition and environmental federalism
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Herein we construct a competitive interjurisdictional model that reconciles two recent exceptions to the race to the bottom (J. Publ. Econ. 35 (1988) 333-354; J. Urban Econ. 37 (1995) 290-310). Our results suggest that since environmental rents from local production are likely not captured 100 percent by local residents, devolved command and control environmental regulation is inefficient. Moreover, faced with the reality of fiscal constraints, local governments adopt property tax structures that serve to compound inefficiencies. Within such a 'second best' setting, if a jurisdiction underprovides non-environmental public goods and jurisdictional capital productivity and emissions are strong complements, a race to the bottom equilibrium is supported.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Environmental Economics and Management - Volume 50, Issue 1, July 2005, Pages 212-224
Journal: Journal of Environmental Economics and Management - Volume 50, Issue 1, July 2005, Pages 212-224
نویسندگان
Mitch Kunce, Jason F. Shogren,