Author: Kai-Lih ChenPublisher:
ISBN:
Category :
Languages : en
Pages : 216
Book Description
Political Economy and the Regulation of Externalities
Author: Kai-Lih ChenThe Political Economy of Regulation
Author: Thomas P. LyonPublisher: Edward Elgar Pub
ISBN: 9781843766209
Category : Business & Economics
Languages : en
Pages : 663
Book Description
This volume collects a set of important articles that provides a wealth of broad insights into the causes and consequences of regulation. They show beyond doubt that this field of study is remarkably lively and filled with controversy. The first two parts of the book introduce the essential economic content of the issues that regulation deals with, covering the main 'market failures' that are addressed, and then turning specifically to the causes and consequences of regulation in these areas. The next section presents a series of papers dealing with various phases of the policy life cycle, and the concluding part investigates the role of corporate self-regulation.
Environmental Externalities and Political Externalities
Author: Todd J. ZywickiPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
For years, economists and lawyers have bemoaned the inefficiencies of the current centralized, command-and-control regime of environmental regulation. Despite the manifest failure of the current regime, however, the system of environmental regulation seems to be largely immune to rationalization and reform. This article advances a public choice explanation for the persistence of the current centralized, command-and-control system of environmental regulation. The model is premised on a simple model of gains to trade. Because of the defects of the political process, well-organized and powerful special interests can use the apparatus of government to transfer wealth to themselves. To the extent that the strategic use of regulation creates economic rents, it creates the opportunity for the division of those rents among these same interest groups. This article identifies a number of special interests that share an attachment to the current regime, and hostility to decentralized, market-based alternatives. In particular, this article identifies industries and firms directly-benefited from environmental regulation; industries and firms indirectly-benefited through cartel-like effect of restricting industry output and preventing entry; organized environmental interests who gain power, prestige, and money from the current system; politicians and regulators; and lawyers. Through the system of environmental regulation, these interests can generate economic rents to be distributed among themselves at the expense of the dispersed public. Thus, the article challenges the conventional portrayal of the system of environmental regulation as a struggle between industry polluters who oppose regulation and the public represented by environmental lobbying groups and regulators that favor regulation. Finally, the possibilities for reform of the current regime are presented.
The Political Economy of Government Regulation
Author: Jason F. ShogrenPublisher: Springer Science & Business Media
ISBN: 1461308712
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Externalities
Author: Robert J. StaafExternalities
Author: Robert J. StaffThe Oxford Handbook of Corporate Law and Governance
Author: Jeffrey Neil GordonPublisher: Oxford University Press
ISBN: 0198743688
Category : Business & Economics
Languages : en
Pages : 1217
Book Description
Corporate law and governance are at the forefront of regulatory activities worldwide, and subject to increasing public attention in the wake of the Global Financial Crisis. Comprehensively referencing the key debates, the Handbook provides a much-needed framework for understanding the aims and methods of legal research in the field.
The Law of Political Economy
Author: Poul F. KjaerPublisher: Cambridge University Press
ISBN: 1108493114
Category : Law
Languages : en
Pages : 423
Book Description
"Political economy themes have - directly and indirectly - been a central concern of law and legal scholarship ever since political economy emerged as a concept in the early seventeenth century, a development which was re-inforced by the emergence of political economy as an independent area of scholarly enquiry in the eighteenth century, as developed by the French physiocrats. This is not surprising in so far as the core institutions of the economy and economic exchanges, such as property and contract, are legal institutions.In spite of this intrinsic link, political economy discourses and legal discourses dealing with political economy themes unfold in a largely separate manner. Indeed, this book is also a reflection of this, in so far as its core concern is how the law and legal scholarship conceive of and approach political economy issues"--
The Political Economy of Environmental Regulation
Author: Robert N. StavinsPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 624
Book Description
This new authoritative collection comprises previously published papers on the political economy of environmental regulation: economic analyses of the processes through which political decisions regarding environmental regulation are made, principally in the institutional context found in the United States. Despite this geographic focus, many of the papers contain analytical models that are methodologically of interest and/or have lessons that are relevant in other parts of the world. In the environmental realm, questions of political economy emerge along three fundamental dimensions, which are closely interrelated but conceptually distinct: (1) the degrees of government activity; (2) the form of government activity; and (3) the level of government that has responsibility. The first three parts of the book deal respectively with these three fundamental dimensions of inquiry. The fourth part of the book examines the use of economic analysis in contemporary environmental policy. The Political Economy of Environmental Regulation will be of significant interest to environmental scholars, students and policy makers alike. 22 articles, dating from 1975 to 2003
Handbook of Environmental Economics
Author: Karl-Goran MalerPublisher: North Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 588
Book Description
The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.