Friedrich Schneider

Friedrich Schneider is Professor of Economics at the Johannes Kepler University Linz.

  • Political Economy and Instruments of Environmental Politics

    Political Economy and Instruments of Environmental Politics

    Friedrich Schneider, Andrea Kollmann, and Johannes Reichl

    Conceptual, empirical, and theoretical analyses of the effectiveness of market-based policy instruments in achieving environmental goals.

    Economists argue that such market-based policy instruments as environmental taxes and emission trading systems are the best way to target the negative effects of pollution. Yet there is no agreement about whether the use of these instruments is sufficient, whether they are deployed efficiently, and which factors influence their effectiveness. Nor is it clear if such policies have had any significant effect on the urgent matter of climate change mitigation. This volume offers conceptual, empirical, and theoretical analyses of the effectiveness of these policy instruments in achieving environmental goals. Taken together, the chapters not only identify shortcomings of existing policy making, but also point to ways in which more effective policy design can help solve one of the most pressing problems of our time.

    The contributors consider such topics as theoretical approaches to address the failure of the free market to protect the environment, the influence of people's trust in their government on their willingness to accept higher environmental taxes, political determinants of fossil fuel pricing, a game theoretic approach to understanding domestic political constraints on international environmental agreements, and intergenerational equity and carbon taxation.

    Contributors Elisa Belfiori, Frank J. Convery, Peter Egger, Denny Ellerman, Dominic Hauck, Philipp Hieronymi, Andrea Kollmann, Sonja Köke, Andreas Lange, Antony Millner, Francesco Nicolli, Sergey Nigai, Johannes Reichl, David Schüller, Jon Strand, Cees van Beers, Francesco Vona

    • Hardcover $19.75 £14.99

Contributor

  • Illicit Trade and the Global Economy

    Illicit Trade and the Global Economy

    Cláudia Costa Storti and Paul De Grauwe

    Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime.

    As international trade has expanded dramatically in the postwar period—an expansion accelerated by the opening of China, Russia, India, and Eastern Europe—illicit international trade has grown in tandem with it. This volume uses the economist's toolkit to examine the economic, political, and social problems resulting from such illicit activities as illegal drug trade, smuggling, and organized crime.

    The contributors consider several aspects of the illegal drug market, including the sometimes puzzling relationships among purity, price, and risk; the effect of globalization on the heroin and cocaine markets, examined both through mathematical models and with empirical data from the U.K; the spread of khat, a psychoactive drug imported legally to the U.K. as a vegetable; and the economic effect of the “war on drugs” on producer and consumer countries. Other chapters examine the hidden financial flows of organized crime, patterns of smuggling in international trade, Iran's illicit trading activity, and the impact of mafia-like crime on foreign direct investment in Italy.

    • Hardcover $19.75 £14.99