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DOI | 10.1038/s41558-019-0489-6 |
The social cost of lobbying over climate policy | |
Meng, Kyle C.1,2; Rode, Ashwin3 | |
2019-06-01 | |
发表期刊 | NATURE CLIMATE CHANGE
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ISSN | 1758-678X |
EISSN | 1758-6798 |
出版年 | 2019 |
卷号 | 9期号:6页码:472-+ |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | Domestic political processes shape climate policy. In particular, there is increasing concern about the role of political lobbying over climate policy. This paper examines how lobbying spending on the Waxman-Markey bill,the most prominent and promising United States climate regulation so far, altered its likelihood of being implemented. We combine data from comprehensive United States lobbying records with an empirical method for forecasting the policy's effect on the value of publicly listed firms. Our statistical analysis suggests that lobbying by firms expecting losses from the policy was more effective than lobbying by firms expecting gains. Interpreting this finding through a game-theoretic model, we calculate that lobbying lowered the probability of enacting the Waxman-Markey bill by 13 percentage points, representing an expected social cost of US$60 billion (in 2018 US dollars). Our findings also suggest how future climate policy proposals can be designed to be more robust to political opposition. |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000469265500018 |
WOS关键词 | BUSINESS ; OUTCOMES ; MARKETS ; IMPACTS ; MODEL |
WOS类目 | Environmental Sciences ; Environmental Studies ; Meteorology & Atmospheric Sciences |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/183917 |
专题 | 资源环境科学 |
作者单位 | 1.Univ Calif Santa Barbara, Dept Econ, Bren Sch, EmLab, Santa Barbara, CA 93106 USA; 2.Natl Bur Econ Res, Cambridge, MA 02138 USA; 3.Univ Chicago, Dept Econ, Energy Policy Inst Chicago, Chicago, IL 60637 USA |
推荐引用方式 GB/T 7714 | Meng, Kyle C.,Rode, Ashwin. The social cost of lobbying over climate policy[J]. NATURE CLIMATE CHANGE,2019,9(6):472-+. |
APA | Meng, Kyle C.,&Rode, Ashwin.(2019).The social cost of lobbying over climate policy.NATURE CLIMATE CHANGE,9(6),472-+. |
MLA | Meng, Kyle C.,et al."The social cost of lobbying over climate policy".NATURE CLIMATE CHANGE 9.6(2019):472-+. |
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