Policy Endogeneity and the Effects
نویسنده
چکیده
This paper reviews recent work on the implications of endogenous policy for the effects of trade on the environment and the sustainability of renewable resource stocks. A recognition that pollution policy is endogenous has had a major impact on the trade and environment literature and has reversed some of the previously established empirical findings. Work on pollution has proceeded faster than work on renewable resources. I suggest some directions for future work in this area.
منابع مشابه
Patents and the Global Diffusion of New Drugs.
Analysis of the timing of launches of 642 new drugs in 76 countries during 1983–2002 shows that patent and price regulation regimes strongly affect how quickly new drugs become commercially available in different countries. Price regulation delays launch, while longer and more extensive patent rights accelerate it. Health policy institutions and economic and demographic factors that make market...
متن کاملMacroeconomics of fiscal policy in developing countries
This paper considers some aspects of the effects of fiscal policy on macroeconomic adjustment in developing countries. First, the paper reviews the notion of the fiscal deficit in the particular context of developing countries. It then spells out the conditions under which the internal and external debts are sustainable and points out the role of the “twin deficits”. The paper then presents som...
متن کاملDoes Participation in Farmer Field School Extension Program Improve Crop Yields? Evidence from Smallholder Tea Production Systems in Kenya
Agricultural Extension services are among the most important rural services in developing countries. The services are considered to be a key driver of technological change and productivity growth in agriculture. In Kenya, like in the rest of the developing economies, agricultural extension has largely been delivered through supply–driven approaches. Due to perceived low impact of agricultural e...
متن کاملThe empirics of economic geography: how to draw policy implications?
Using both reduced-form and structural approaches, the spectrum of policy recommendations that can be drawn from empirical economic geography is pretty large. Reduced-form approaches allow the researchers to consider many variables that impact on regional disparities, as long as they are careful about interpretation and endogeneity issues. Structural approaches have the opposite advantages. Les...
متن کاملAnalyzing Open Space Policies in a Locational Equilibrium Model with Endogenous Landscape Amenities
Open space protection and the new ‘Smart Growth’ movement have to date been policy slogans lacking any formal analysis and evaluation. Evaluation of land protection policies requires a structural model for land markets with spatial delineation so that the impacts of policy on locational attributes can be described. This paper uses estimates for household preferences derived from a locational eq...
متن کامل