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Fiscal Federalism, ...
Fiscal Federalism, Interjurisdictional Externalities and Overlapping Policies
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- Coria, Jessica, 1979 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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Hennlock, Magnus (author)
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- Sterner, Thomas, 1952 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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(creator_code:org_t)
- Gothenburg : University of Gothenburg, 2018
- English.
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Series: Working Papers in Economics (online), 1403-2465
- Related links:
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https://gup.ub.gu.se...
Abstract
Subject headings
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- In this paper, we analyze the effects of the interaction between national and local policies designed to reduce an environmental externality that causes environmental damages both nationally and locally. We formulate a theoretical model to develop hypotheses regarding the combined effects of such policies on the stringency of the local policies and on firms’ emissions reductions. To test our hypotheses, we use actual data for Sweden, where emissions of nitrogen oxides from combustion plants are subject to a heavy national tax and to individual emissions standards set by county authorities. Our analytical findings suggest that it is unlikely that local regulators will impose emissions standards stringent enough to achieve further reductions than those induced by the national tax. This is confirmed in our data, where most emissions reductions can be attributed to the national tax and the effects of the emissions standards are not significant.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- environmental regulation
- multi-governance
- federalism
- emission taxes
- command-and-control
- air pollution
- N0x
- Sweden
Publication and Content Type
- vet (subject category)
- rap (subject category)
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