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Transboundary Environmental Problems with a Mobile Population: Is There a Need for Central Policy?

Sammendrag

It is a widely held view that efficient environmental policies regulating transboundary pollution will be adopted only if there is interjurisdictional coordination. Efficient policies can be adopted as a result of interstate treaties or mandated by a central authority. However, if the policies of states are chosen to maximize the same function of own-citizen welfare, and if individuals migrate freely between states, constrained-efficient environmental regulatory policies are a non-cooperative equilibrium. The policies are constrained-efficient in equilibrium, the policy choices are the same as those found by maximizing the social welfare function subject to a policy feasibility constraint.

Om publikasjonen

Forfattere:

Hoel, Michael and Perry Shapiro

År:

2000

Serie:

Memorandum
Nummer i serie: 16

JEL:

D6, H7, Q20, R23

Nøkkelord:

Transboundary pollution, Population mobility, Federalism

Prosjekt:

Lenke:

[PDF]