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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/59165


    Title: Does a stricter enforcement policy protect the environment? A political economy perspective
    Authors: Cheng,Chu-Chuan;Lai,Yu-Bong
    Contributors: 政大財政系
    Keywords: Asymmetric information;Compliance;Enforcement policy;Environmental policy;Interest groups;Lobbying;Political economy
    Date: 2012-11
    Issue Date: 2013-08-26 16:11:16 (UTC+8)
    Abstract: The conventional wisdom suggests that a stricter enforcement policy can reduce pollution emissions. Nevertheless, this present paper argues that this assertion does not necessarily hold if the stringency of environmental regulation is subject to the influence of lobbying. A stricter enforcement policy increases the polluters’ expected financial burden, and induces them to exert greater political pressure on reducing the stringency of environmental regulation, thereby resulting in a larger amount of pollution emissions. We also show that tightening the enforcement policy can reduce efficiency. We highlight the possibility of policymaking being misguided due to overlooking the political effect of enforcement policy.
    Relation: Resource and Energy Economics, 34(4), 431-441
    Data Type: article
    DOI link: http://dx.doi.org/10.1016/j.reseneeco.2012.04.003
    DOI: 10.1016/j.reseneeco.2012.04.003
    Appears in Collections:[Department of Public Finance] Periodical Articles

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