Political institutions and the design of environmental policy in a federal system with asymmetric information


Ulph, Alistair (1998) Political institutions and the design of environmental policy in a federal system with asymmetric information. European Economic Review, 42, (3-5), 583-592. (doi:10.1016/S0014-2921(97)00116-5).

Download

Full text not available from this repository.

Description/Abstract

Policy debates on trade and the environment frequently refer to a need for countries linked by trade to co-ordinate, or even harmonise, their purely domestic environmental policies. Underlying this argument is a concern that national governments will not fully internalise environmental externalities. Conventional trade models suggest this concern is unwarranted and harmonisation may be damaging. In this paper, I consider two possible bases for this concern – strategic trade and political economy considerations – and assess the implications for the design of policy and political institutions to achieve co-ordination. A model which links these two factors suggests a possible rationale for harmonisation of environmental policies, even when countries differ significantly with respect to environmental damage costs.

Item Type: Article
ISSNs: 0014-2921 (print)
Related URLs:
Keywords: environmental policy, international trade, asymmetric information, political economy
Subjects: H Social Sciences > HF Commerce
G Geography. Anthropology. Recreation > GE Environmental Sciences
J Political Science > JF Political institutions (General)
Divisions: University Structure - Pre August 2011 > School of Social Sciences > Economics
ePrint ID: 33048
Date Deposited: 12 Dec 2007
Last Modified: 28 Mar 2014 15:16
Projects:
Unknown (L320253227)
Funded by: ESRC (L320253227)
UNSPECIFIED to UNSPECIFIED
URI: http://eprints.soton.ac.uk/id/eprint/33048

Actions (login required)

View Item View Item