Lobbying Against Environmental Regulation vs. Lobbying for Loopholes
نویسندگان
چکیده
منابع مشابه
Lobbying against Environmental Regulation vs. Lobbying for Loopholes
We analyze the determinants of environmental policy when two firms engage in two types of lobbying against a restriction on allowed pollution: General lobbying increases the total amount of allowed pollution, which is beneficial for both firms. Private lobbying increases the individual pollution standard of the lobbying firm, but has a negative or zero effect on the allowed emissions of the com...
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Much of the time, firms lobby against environmental protection, but there are major exceptions to this rule. DuPont, the leading ozone polluter in the 1980s, lobbied for a complete ban of its product. In 2015, in the run up to the Paris Agreement, Europe's six largest oil and gas companies lobbied for a global carbon price. This kind of political support is often pivotal for governments trying ...
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This study examines the costs and benefits of uniform accounting regulation in the presence of heterogeneous firms that can lobby the regulator. A commitment to uniform regulation reduces economic distortions caused by lobbying by creating a free-rider problem between lobbying firms at the cost of forcing the same treatment on heterogeneous firms. Resolving this tradeoff, an institutional commi...
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We re-address the trade-off between centralized and decentralized decision making of local policies when policy makers are subject to capture. In particular, we consider the case where lobbies have private information about their ability to influence. We find a new informational effect in the political game under centralized structures that gives the policy maker additional bargaining power aga...
متن کاملA Comparison of Optimal Tariffs and Welfare under No Lobbying, Domestic Lobbying, and Domestic-foreign Lobbying
Whether and what type of the lobbying-induced trade policies can improve the domestic welfare? We show that as compared to the case of no lobbying and the case of domestic lobbying, the domestic-foreign lobbying achieves the lowest tariff and may also realize the highest welfare for the domestic country. Our results suggest that the domestic-foreign lobbying may contribute to a freer trade in t...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.370440