Environmental Sustainability Effectiveness of Regulation Andrew King
How we got here • Regulation - Public econ • Stages of “Greening” - Ethics/Soc. Const. • Pays to be Green - Lean/RBV • Industry Self-Regulation - Cartel, Signaling • Voluntary action - Signaling • Institutions - Poly Sci/IB/NMS SBE/ARCS May 10, 2011
Nutshell • Simcoe & Toffel – Government demand causes spillover changes. • Demand side • Supply Side • Fabrizio – Government regulation is only effective when it is credible. • TC lens SBE/ARCS May 10, 2011
Tim and Mike • Similar to FDI spillover story. • There the interest fueled by the debate over whether FDI was exploitative. • What is the tension here? • Mike tells me little done on the effect of government purchase programs. True? SBE/ARCS May 10, 2011
Tim and Mike • Does government sponsorship change the retail demand for LEED? – This seems like the real test of moral suasion • Does government sponsorship increase symbolic or substantive action? – Does spillover influence differently the “real” and “ bs ” elements of LEED SBE/ARCS May 10, 2011
Kira • Similar to IB sovereign risk research. – Expropriation risk reduces investment. • Novelty is doing this research within a country. – State level differences SBE/ARCS May 10, 2011
Kira’s Results RPS No RPS No prev reg 0.595 0 Restructure 1.644 0.859 Repeal 0.577 -0.208 SBE/ARCS May 10, 2011
The Way Forward • How do we move beyond policy(N) = 1? • How do we generalize? • What is the social-science debate to which we are contributing? • How can we cooperate as a community to develop our new directions? SBE/ARCS May 10, 2011
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