Cost-effective attainment of Environmental Compliance: Governance Solutions for Environmental Objectives in the Peoples Republic of China

Timothy Swanson et al. (tim.swanson@graduateinstitute.ch)
Additional contact information
Timothy Swanson et al.: The Centre for International Environmental Studies, The Graduate Institute of International and Development Studies, Geneva
Authors registered in the RePEc Author Service: Timothy Swanson

No 13-2012, CIES Research Paper series from Centre for International Environmental Studies, The Graduate Institute

Abstract: The problem of environmental compliance is considered from an institutional perspective. The problem is portrayed to be a dual one, comprising: a) the specification of the appropriate social objective for the regulated firm; and b) the acquisition of the requisite information for the regulation of that firm. The specific issue addressed is the nature of the various pressure points available for directing regulated entities towards compliance with environmental standards in the context of asymmetric information. We analyse various case studies that demonstrate the available approaches, some more centralised in nature (e.g. France), others more contractual (e.g. UK) and some very decentralised (e.g. Korea). The choice of any particular approach depends upon the country’s relative priorities regarding the environmental problem and the asymmetric information problem. The paper concludes with a recommended model for the PRC that combines some of the best features of each approach.

Keywords: China; Environment; firms (search for similar items in EconPapers)
Pages: 69 pages
Date: 2012-09-12
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repec.graduateinstitute.ch/pdfs/ciesrp/CIES_RP_13.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gii:ciesrp:cies_rp_13

Access Statistics for this paper

More papers in CIES Research Paper series from Centre for International Environmental Studies, The Graduate Institute Contact information at EDIRC.
Bibliographic data for series maintained by Kristine Kjeldsen (kristine.kjeldsen@graduateinstitute.ch this e-mail address is bad, please contact repec@repec.org).