G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11713
DP11713 The Political Economy of Weak Treaties
Marco Battaglini; Bård Harstad
发表日期2016-12-19
出版年2016
语种英语
摘要In recent decades, democratic countries have signed hundreds of international environmental agreements (IEAs). Most of these agreements, however, are weak: they generally do not include effective enforcement or monitoring mechanisms. This is a puzzle in standard economic models. To study this phenomenon, we propose a positive theory of IEAs in which the political incumbents negotiate them in the shadow of reelection concerns. We show that, in these environments, incumbents are prone to negotiate treaties that are simultaneously overambitious (larger than what they would be without electoral concerns) and weak (might not be implemented in full). The theory also provides a new perspective for understanding investments in green technologies, highlighting a channel through which countries are tempted to rely too much on technology instead of sanctions to make compliance credible. We present preliminary evidence consistent with these predictions.
主题Public Economics
关键词Political economy International agreements Environmental agreements Elections Sanctions Technology
URLhttps://cepr.org/publications/dp11713
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540527
推荐引用方式
GB/T 7714
Marco Battaglini,Bård Harstad. DP11713 The Political Economy of Weak Treaties. 2016.
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