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Regulatory Environmental Federalism

Bouwe Dijkstra and Per Fredriksson

Annual Review of Resource Economics, 2010, vol. 2, issue 1, 319-339

Abstract: This survey encompasses multiple areas. The theoretical literature on environmental federalism continues to expand in areas such as capital competition and political economy. On the empirical side, emphasis is put on the existence of strategic interaction among states, the effects of President Reagan's decentralization of environmental policy, and possible free-riding behavior. Moreover, the European Union is currently conducting a major policy experiment with its emissions trading scheme, which has implications for policy making in federal systems.

Keywords: capital competition; strategic interaction; political economy; free riding; institutions; emissions trading (search for similar items in EconPapers)
JEL-codes: D72 H77 Q58 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (23)

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