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Public and private environmental spending: a political economy approach

Author

Listed:
  • Pierre-André Jouvet

    (Université Paris X, UFR SEGMI)

  • Philippe Michel
  • Pierre Pestieau

    (Université Paris X, UFR SEGMI)

Abstract

This study examines the level of public investment in environmental quality when there are private alternatives. Public investment is chosen by majority voting. When consumption and environmental quality are complementary, one may observe a solution of the type “ends against the middle.” The setting is intertemporal. Parents are altruistic and they can express their altruism by leaving financial bequests, but also by voting and contributing to the environmental quality their children will enjoy.

Suggested Citation

  • Pierre-André Jouvet & Philippe Michel & Pierre Pestieau, 2008. "Public and private environmental spending: a political economy approach," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 9(3), pages 177-191, September.
    • Handle: RePEc:spr:envpol:v:9:y:2008:i:3:d:10.1007_bf03353989
    DOI: 10.1007/BF03353989
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    References listed on IDEAS

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    Cited by:

    1. Natacha Raffin, 2014. "Education and the Political Economy of Environmental Protection," Annals of Economics and Statistics, GENES, issue 115-116, pages 379-407.
    2. Kirill Borissov & Thierry Brechet & Stephane Lambrecht, 2012. "Environmental Maintenance in a Dynamic Model with Heterogenous Agents," EUSP Department of Economics Working Paper Series 2012/02, European University at St. Petersburg, Department of Economics.
    3. Kirill Borissov & Thierry Bréchet & Stéphane Lambrecht, 2012. "Environmental Maintenance in a Dynamic Model with Heterogenous Agents," Working Papers hal-00989799, HAL.
    4. Rainald Borck, 2008. "Central versus local education finance: a political economy approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 15(3), pages 338-352, June.

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