| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5028 |
| DP5028 Agglomeration and the Adjustment of the Spatial Economy | |
| Gilles Gilles Duranton; Pierre-Philippe Combes; Henry Overman | |
| 发表日期 | 2005-04-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | When firms undertake activities which are environmentally risky, the divergence between social and private incentives to exert safety care requires public intervention. This control occurs both through ex ante regulation and ex post legal investigation. We delineate the respective scopes of those two kinds of monitoring when regulators and judges may not be benevolent. Separation between the ex ante and the ex post monitors of the firm helps to prevent capture. The likelihood of both ex ante and ex post inspections is higher under separation than under integration. This provides a rationale for the widespread institutional trend that has led to the separation of ex ante regulation from ex post prosecution. The robustness of this result is investigated in various extensions. Only when collusion is self-enforcing might it be possible that integration dominates separation. |
| 主题 | Industrial Organization |
| 关键词 | Environmental risk Regulation Liability Exante and ex post investigations Integration and separation |
| URL | https://cepr.org/publications/dp5028 |
| 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/533926 |
| 推荐引用方式 GB/T 7714 | Gilles Gilles Duranton,Pierre-Philippe Combes,Henry Overman. DP5028 Agglomeration and the Adjustment of the Spatial Economy. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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