Decentralized Environmental Regulation with Agglomeration Forces

IF 7.1 2区管理学 Q1 Business, Management and Accounting

International Small Business Journal-Researching Entrepreneurship Pub Date : 2022-02-11 DOI:10.47260/bej/1112

Mitch Kunce

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Abstract

Abstract Convention, in the setting of interjurisdictional economic competition, envisions a race-to-the-bottom when decentralized jurisdictions, in their eagerness to attract commerce, introduce policies to reduce business costs in the form of tax structures that under-provide local public goods and lax pollution standards that lower environmental quality. The current body of empirical evidence, however, does not provide compelling support for the race within the context of environmental federalism. The theoretical work presented herein debits the inventory of literature questioning the race-to-the-bottom claim by introducing agglomeration forces into the standard model. When agglomeration influences are weak to moderate, the race is still on. Conversely, when agglomeration forces are strong, fiscal competition influences are mitigated therefore providing jurisdiction's incentives to strengthen local environmental standards. JEL classification numbers: H73, R12, R30. Keywords: Environmental federalism, Interjurisdictional competition, External economies of scale.

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具有集聚力的分散环境监管

摘要《公约》认为，在司法管辖区间经济竞争的背景下，当分散的司法管辖区急于吸引商业时，会引入以税收结构形式降低商业成本的政策，这些税收结构会提供不足的当地公共产品，而宽松的污染标准会降低环境质量。然而，目前的经验证据并没有在环境联邦制的背景下为种族提供令人信服的支持。本文提出的理论工作通过将集聚力引入标准模型，借用了质疑“逐底竞争”主张的文献清单。当集聚影响从弱到中度时，竞争仍在进行。相反，当集聚力量强大时，财政竞争的影响就会减弱，从而为司法管辖区提供了加强地方环境标准的激励。JEL分类号:H73、R12、R30。关键词:环境联邦制，管辖间竞争，外部规模经济。

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来源期刊

International Small Business Journal-Researching Entrepreneurship Multiple-

CiteScore

10.80

自引率

8.50%

发文量

期刊介绍： The International Small Business Journal (ISBJ) is a leading peer-reviewed journal renowned for publishing high-quality original research papers on small business and entrepreneurship. It prioritizes research-based studies that contribute to theory development, critical understanding, and policy formulation related to small firms. ISBJ papers encompass theoretical, methodological, and empirical studies from various disciplines and perspectives, aiming for research excellence in the field. The journal provides a critical forum for world-class contributions analyzing entrepreneurship and entrepreneurial behavior. This refereed journal is valuable to academics, policymakers, analysts, government and business officials, small business representative bodies, and support agencies seeking to gain insights into the sector, trade, business institutions, and related matters.