Political Economy of the European Union: Institutions, Policy and Economic Growth

Political Economy of the European Union: Institutions, Policy and Economic Growth

by Gert Tinggaard Svendsen

Hardcover

$127.00

Product Details

ISBN-13: 9781840649109
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 03/01/2003
Pages: 195
Product dimensions: 6.12(w) x 9.25(h) x (d)

Table of Contents

List of Figuresvii
List of Tablesviii
Prefacex
1.Introduction1
2.Political Economy6
2.1Political Economy6
2.2The Public Choice School7
2.3The Collective Good Analysis11
2.4Institutional Economics15
2.5Economic Growth20
2.6Critics28
2.7Social Capital31
2.8EU Disease39
3European Union42
3.1Rome Treaty42
3.2Cost-Sharing46
3.3EU Institutions51
3.4Common Agricultural Policy63
3.5Lobbyism66
3.6Corruption71
3.7Social Capital Measurement78
3.8Economic Growth84
3.9Conclusion92
4.Interest Group Theory and the Case of Environmental Regulation95
4.1Environmental Regulation95
4.2Green Paper and Directive Proposal98
4.3Why CO[subscript 2] First?100
4.4Potential Gains from CO[subscript 2] Trade in The EU102
4.5Industrial Rent-Seeking104
4.6Bureaucratic Rent-Seeking107
4.7Lobbyism and Allocation Rule112
4.8Design119
4.9Conclusion and Policy Recommendation130
5.International Climate Negotiations and Wind Energy134
5.1Introduction134
5.2Kyoto Agreement135
5.3The Hague Failure140
5.4Net Gains for Countries147
5.5Participation of the United States149
5.6Wind Energy as Backstop Technology151
5.7Wind Turbine Pioneers155
5.8Subsidies and the Wind Turbine Market156
5.9Conclusion165
6.Conclusion169
Bibliography173
Index190

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