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Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
Memorandum No. 2000,16
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
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.
Schlagwörter: 
Transboundary pollution
Population mobility
Federalism
JEL: 
D6
H7
Q20
R23
Dokumentart: 
Working Paper

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