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来源类型Working Paper
规范类型报告
DOI10.3386/w22968
来源IDWorking Paper 22968
The Political Economy of Weak Treaties
Marco Battaglini; Bård Harstad
发表日期2016-12-26
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Microeconomics ; Welfare and Collective Choice ; International Economics ; Globalization and International Relations ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w22968
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580642
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Marco Battaglini,Bård Harstad. The Political Economy of Weak Treaties. 2016.
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