Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Three Essays on International Trade, Political Economy and Environmental Policy
Author: Three Essays on International Trade Policy and Political Economy
Author: Inderjit KohliThree Essays on Environmental Economics and International Trade
Author: Sean King BlaedThree Essays in Trade Policy, Economic Growth and the Size of the Government
Author: Juan S. BlydePublisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 164
Book Description
Trade and the Environment
Author: Alistair UlphPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This collection of essays addresses the concern that globalization and trade may have a detrimental effect on the environment. Alistair Ulph argues that environmental policies to secure strategic trade advantages may not be weak policies.
Essays on International Non-market Strategy and the Political Economy of Environmental Regulation
Author: Sanjay PatnaikPublisher:
ISBN:
Category : Emissions trading
Languages : en
Pages : 124
Book Description
This dissertation examines the interaction of companies with their non-market environment in an international context. It specifically focuses on the political economy of newly introduced climate change regulations and how these policies affect firm strategy. The empirical setting of my work is the European Union Emissions Trading Scheme (EU ETS), the largest active cap-and-trade program in the world. Introduced in 2005, the EU ETS has established a substantial market for emissions allowances by requiring companies across the EU to internalize the costs of emitting greenhouse gases. The three chapters of my dissertation are empirical studies that use novel data from the EU ETS. In the first chapter, I show through the analysis of a panel dataset of companies in the Iron and Steel sector in the EU that multinational firms are more likely to exploit arbitrage opportunities in the EU ETS. My results also indicate that multinational firms can capture more value from the EU ETS than their domestic peers. In the second chapter, we examine the sources of non-market performance differences among firms in the EU. Our findings suggest that firm-affiliation is a strong determinant of the variation in non-market performance across industrial plants in the EU ETS. We also show that industry effects are important for absolute non-market performance measures and that country effects are not as strong as firm effects. In my third dissertation chapter, I examine the political economy of the distribution of emissions allowances within the EU ETS. In my analysis of a panel dataset of industrial sectors in the EU, I find that country-specific institutional and political characteristics affect the allocation of emissions allowances to industrial sectors in the EU ETS. My dissertation is embedded within prior literature in international economics, strategy and political economy.
Three essays on environmental policy with trade and imperfect competition
Author: Ivonne Vite TiscareñoPublisher:
ISBN:
Category :
Languages : es
Pages : 132
Book Description
Essays in Trade and Political Economy
Author: Gabriel Angelo B. DomingoPublisher:
ISBN: 9781303791802
Category :
Languages : en
Pages :
Book Description
This dissertation contains three essays on two cases of the interaction among government policy, citizen preferences, and economic environment that jointly affect economic outcomes. The first is a theoretical model explaining the economic rationale of GATT/WTO given non-homothetic preferences. The second is an empirical investigation of the effects of decentralized service provision and local government spending on re-election prospects of municipal mayors in the Philippines.The first essay sets up a new trade model and investigates the effects of non- homothetic preferences on production location. In a typical new trade theory model, tariff setting interacts with monopolistically competitive firms to determine the location of production. The vertical differentiation model used here, which is a model similar to Fajgelbaum et al. (2011), features two differentiated goods where an increase in income due to trade policy leads to greater demand for the high quality good and an expansion in the number of its varieties, a feature first introduced in Baldwin (1999). I find that the addition of non-homothetic preferences increases the market access effect present in these models for goods with a positive income effect.The second essay deals with the economic rationale of trade negotiations in the context of GATT/WTO, beginning with the seminal work by Bagwell and Staiger (1999). This chapter investigates the effects of non-homothetic preferences introduced in the first essay on interest group welfare over trade liberalization. I show that protection is preferred for the high quality good due to income effects. Consumption preferences and inequality across countries lead to different preferences between income groups over trade policy, even if trade policy does not lower any group's income. GATT/WTO principles applied to each good separately are insufficient to ensure all parties gain from the trade agreement, or whether all tariffs will be successfully liberalized.The third essay discusses fiscal policy, by decentralized Philippine municipal governments, as a tool to aid in re-elections. Political cycles (or Political Business Cycles, PBC) occur when government policy is manipulated to improve chances of re-election. Previous work suggests that incumbents use fiscal policy this way in several developing countries. Understanding local executives' behavior has implications on governance reforms that seek to make government more responsive. This papers unique contribution to the literature is to control for candidate's political experience and electoral competition. Looking at Philippine municipality income and expenditure accounts, I find strong evidence that increases in local government spending boosts the incumbent mayors vote share after controlling for political experience. The marginal effect of spending on vote share is lower when the incumbent and opposition face more competition. Looking at the composition of spending, I find little evidence that spending on health and education is associated with electoral gains, while spending on salaries and maintenance is associated with higher vote shares for the incumbent. In a cross-section of municipalities, I include campaign spending by incumbent and opposition candidates as a direct measure of political competition. I find that the fiscal policy remains important, and that campaign spending's effects on election results are as predicted by theory.
Three Essays in International Trade Policy
Author: Michael Allen WebbPublisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 148
Book Description
Author: Joseph Jiacong Mai