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Tekijä:Long, N.V.
Siebert, H.
Otsikko:Institutional competition versus ex-ante harmonization: the case of environmental policy
Lehti:Journal of Institutional and Theoretical Economics
1991 : JUNW, VOL. 147:2, p.296-311
Asiasana:ENVIRONMENT
POLLUTION
POLLUTION CONTROL
Kieli:eng
Tiivistelmä:The paper applies the issue of institutional competition vs ex-ante harmonization to the case of environmental policy. Using the framework of a two-country model with free flows of goods and capital, the authors prove that co-ordination of national policies is not necessary to achieve an efficient allocation of resources unless there are spill-over effects.
SCIMA tietueen numero: 93126
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