Arbeitspapier

International environmental agreements: Incentives and political economy

International environmental agreements are increasingly important in a globalised economy. Beyond their specific interest, these agreements are also important in the context of coalition formation theory. Given the incentives to free ride, associated to the environment as a public good and to the presence of spillovers, the profitability and the optimality of environmental agreements are separated from their stability (i.e. self-enforcement): hence, a whole set of political economy issues. This paper reviews the recent advances in this area. In particular it discusses mechanisms and strategies aimed at offsetting the incentives to free ride and increasing welfare, such as transfers, issue linkages, threats and multiple agreements. The main results show that partial coalitions and multiple agreements tend to prevail among subsets of players, and that agreements among all players are most unlikely to exist. The design of the agreements, moreover, can be crucial in determining the number of signatory countries.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 96.1997

Klassifikation
Wirtschaft
Labor-Management Relations, Trade Unions, and Collective Bargaining: General
Welfare Economics: General
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Labor Force and Employment, Size, and Structure
Energy and the Macroeconomy
Thema
Coalitions
International Agreements
Environment
Political Economy
Games

Ereignis
Geistige Schöpfung
(wer)
Carraro, Carlo
Siniscalco, Domenico
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
1997

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Carraro, Carlo
  • Siniscalco, Domenico
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 1997

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