The Experts below are selected from a list of 318 Experts worldwide ranked by ideXlab platform

Franz Traxler - One of the best experts on this subject based on the ideXlab platform.

  • The state in industrial relations: A cross-national analysis of developments and socioeconomic effects
    European Journal of Political Research, 1999
    Co-Authors: Franz Traxler
    Abstract:

    This is a comparative study of the three main roles of the state in industrial relations: the state as employer in the public sector, state intervention in private-sector-wage bargaining, and the procedural role of defining a legal framework for industrial relations. Based on data from 20 OECD countries, the article's analytical focus is twofold. For each of these roles, the paper examines whether there is a convergence towards neoliberal regulation in response to the shift from demand-side to Supply-Side Policies, and whether neoliberalism is superior to alternative regulation forms in terms of performance. No evidence of such dominance of neoliberalism can be found. The upshot is that developments of state regulation are as much path-dependent as its socioeconomic effects are contingent on a country's context.

  • The state in industrial relations: A cross–national analysis of developments and socioeconomic effects
    European Journal of Political Research, 1999
    Co-Authors: Franz Traxler
    Abstract:

    This is a comparative study of the three main roles of the state in industrial relations: the state as employer in the public sector, state intervention in private-sector-wage bargaining, and the procedural role of defining a legal framework for industrial relations. Based on data from 20 OECD countries, the article's analytical focus is twofold. For each of these roles, the paper examines whether there is a convergence towards neoliberal regulation in response to the shift from demand-side to Supply-Side Policies, and whether neoliberalism is superior to alternative regulation forms in terms of performance. No evidence of such dominance of neoliberalism can be found. The upshot is that developments of state regulation are as much path-dependent as its socioeconomic effects are contingent on a country's context.

Richard Denniss - One of the best experts on this subject based on the ideXlab platform.

  • Cutting with both arms of the scissors: the economic and political case for restrictive Supply-Side climate Policies
    Climatic Change, 2018
    Co-Authors: Fergus Green, Richard Denniss
    Abstract:

    Proponents of climate change mitigation face difficult choices about which types of policy instrument(s) to pursue. The literature on the comparative evaluation of climate policy instruments has focused overwhelmingly on economic analyses of instruments aimed at restricting demand for greenhouse gas emissions (especially carbon taxes and cap-and-trade schemes) and, to some extent, on instruments that support the supply of or demand for substitutes for emissions-intensive goods, such as renewable energy. Evaluation of instruments aimed at restricting the upstream supply of commodities or products whose downstream consumption causes greenhouse gas emissions---such as fossil fuels---has largely been neglected in this literature. Moreover, analyses that compare policy instruments using both economic and political (e.g. political ``feasibility'' and ``feedback'') criteria are rare. This article aims to help bridge both of these gaps. Specifically, the article demonstrates that restrictive Supply-Side policy instruments (targeting fossil fuels) have numerous characteristic economic and political advantages over otherwise similar restrictive demand-side instruments (targeting greenhouse gases). Economic advantages include low administrative and transaction costs, higher abatement certainty (due to the relative ease of monitoring, reporting and verification), comprehensive within-sector coverage, some advantageous price/efficiency effects, the mitigation of infrastructure ``lock-in'' risks, and mitigation of the ``green paradox''. Political advantages include the superior potential to mobilise public support for Supply-Side Policies, the conduciveness of Supply-Side Policies to international policy cooperation, and the potential to bring different segments of the fossil fuel industry into a coalition supportive of such Policies. In light of these attributes, restrictive Supply-Side Policies squarely belong in the climate policy ``toolkit''.

Erwin Bulte - One of the best experts on this subject based on the ideXlab platform.

  • The economics of wildlife farming and endangered species conservation
    Ecological Economics, 2006
    Co-Authors: Richard Damania, Erwin Bulte
    Abstract:

    Abstract There is growing concern that the traditional “protectionist” approach to conservation is expensive and insufficient to deliver the desired environmental outcomes. “Supply side” Policies to conserve endangered species have drawn support. By generating supplies from captive-bred animals, wildlife commodity prices are expected to fall, thereby lowering the incentive to poach species in the wild. Supply side Policies, however, often neglect the institutional framework within which the wildlife trade takes place, and ignore the potential strategic responses of economic agents. Adopting a model that captures imperfect competition between traders and farmers, we analyze the effect of supply side Policies and conclude that under some circumstances these Policies may contribute to further devastation of wild stocks. We derive conditions under which captive breeding contributes to conservation, and discuss implications for policy makers.

  • The Economics of Captive Breeding and Endangered Species Conservation
    SSRN Electronic Journal, 2002
    Co-Authors: Richard Damania, Erwin Bulte
    Abstract:

    There is growing concern that the traditional "protectionist" approach to conservation is expensive and fails to deliver the desired environmental outcomes. Encouraged by economists, "supply side" Policies to conserve endangered species have drawn support. By generating supplies from captive-bred animals, wildlife commodity prices are expected to fall, thereby lowering the incentive to poach species in the wild. Supply side Policies, however, are based on a naive representation of the institutional framework within which the wildlife trade takes place, and neglect the potential strategic responses of economic agents. Adopting a richer model, we analyze the effect of supply side Policies and conclude that under a wide range of circumstances these Policies may contribute to further devastation of wild stocks. We derive conditions under which captive breeding contributes to conservation, and discuss implications for policy makers.

Nicholas Crafts - One of the best experts on this subject based on the ideXlab platform.

  • UK Economic Growth Performance in a European Context: Has EU Membership Made Much Difference?
    The Economics of UK-EU Relations, 2017
    Co-Authors: Nicholas Crafts
    Abstract:

    This paper reviews post-war growth in the UK and its European peer group and considers the implications of economic integration through EU membership. It concludes that the EU has strongly reduced trade costs and had positive impacts on income levels but has not raised trend growth rates. Moreover, domestic Supply-Side Policies have been much more important for long-run growth performance. The economic benefits of EU membership for the UK have far exceeded the costs of budgetary transfers and regulation. Brexit will probably reduce UK GDP without removing significant constraints on policy that might deliver faster growth.

  • Reducing High Public Debt Ratios: Lessons from UK Experience†
    Fiscal Studies, 2015
    Co-Authors: Nicholas Crafts
    Abstract:

    This paper examines contrasting experiences of the United Kingdom in addressing high public debt to GDP ratios following major wars. A clear message is that interest rate / growth rate differentials were more important than primary budget surpluses for the different outcomes. The debt to GDP ratio fell very rapidly under financial repression following the Second World War but remained stubbornly high despite large budget surpluses with price deflation after the First World War. Implications for policymakers today are that averting price deflation is a high priority and that Supply-Side Policies that raise growth could play an important part in debt reduction.

  • Economic growth: onwards and upwards?
    Oxford Review of Economic Policy, 2015
    Co-Authors: Nicholas Crafts
    Abstract:

    This paper considers developments in UK growth performance and Supply-Side Policies since the 1980s. It argues that economic reforms made in the Thatcher years and consolidated under subsequent governments delivered improved pre-crisis growth outcomes helped by the information and communications technology (ICT) revolution and stronger competition in product markets. The new growth economics provided useful insights for policy-makers, some of which were partly heeded. Recently, as productivity growth has stalled, there has been a turn to ‘soft’ industrial policy and a fear that the future is one of secular stagnation. The former has made little difference and the latter is unlikely.

  • UK Economic Growth since 2010: Is it as Bad as it Seems?
    National Institute Economic Review, 2015
    Co-Authors: Nicholas Crafts
    Abstract:

    This paper reviews UK Supply-Side Policies since 2010 in terms of their impact on growth and considers medium-term growth prospects in the context of the puzzle of disappointing post-crisis TFP performance. It is argued that there is no reason to believe that growth prospects have deteriorated significantly compared with the pre-crisis period. Changes in policy under the Coalition government are unlikely to have made a big difference to growth potential. On the one hand, this means opportunities for radical reform have been ignored; on the other hand, there has been no repeat of the 1930s’ debacle.

Fergus Green - One of the best experts on this subject based on the ideXlab platform.

  • Cutting with both arms of the scissors: the economic and political case for restrictive Supply-Side climate Policies
    Climatic Change, 2018
    Co-Authors: Fergus Green, Richard Denniss
    Abstract:

    Proponents of climate change mitigation face difficult choices about which types of policy instrument(s) to pursue. The literature on the comparative evaluation of climate policy instruments has focused overwhelmingly on economic analyses of instruments aimed at restricting demand for greenhouse gas emissions (especially carbon taxes and cap-and-trade schemes) and, to some extent, on instruments that support the supply of or demand for substitutes for emissions-intensive goods, such as renewable energy. Evaluation of instruments aimed at restricting the upstream supply of commodities or products whose downstream consumption causes greenhouse gas emissions---such as fossil fuels---has largely been neglected in this literature. Moreover, analyses that compare policy instruments using both economic and political (e.g. political ``feasibility'' and ``feedback'') criteria are rare. This article aims to help bridge both of these gaps. Specifically, the article demonstrates that restrictive Supply-Side policy instruments (targeting fossil fuels) have numerous characteristic economic and political advantages over otherwise similar restrictive demand-side instruments (targeting greenhouse gases). Economic advantages include low administrative and transaction costs, higher abatement certainty (due to the relative ease of monitoring, reporting and verification), comprehensive within-sector coverage, some advantageous price/efficiency effects, the mitigation of infrastructure ``lock-in'' risks, and mitigation of the ``green paradox''. Political advantages include the superior potential to mobilise public support for Supply-Side Policies, the conduciveness of Supply-Side Policies to international policy cooperation, and the potential to bring different segments of the fossil fuel industry into a coalition supportive of such Policies. In light of these attributes, restrictive Supply-Side Policies squarely belong in the climate policy ``toolkit''.