Collaborative Research on Public Policy and Growth

9320904 Jones这个项目包括三个主题，都是关于公共政策和经济增长之间的关系。第一个重点是集体选择机制在执行在增长背景下决定污染的政策方面的有效性。现在的问题是，与发展过程相关的收入增加是否会导致更严格的环境控制。在分析这个问题的过程中，分析了污染效应的不可逆性的后果和对代际福利分配的影响。一个相关的问题是自由贸易对污染总体水平的影响，以及污染在各国之间的分配。具体的兴趣集中在理解转向自由贸易的短期影响和发展过程对“污染交易”的动态影响。第二个主题涉及保护产权（如专利、版权和商业秘密法）的制度设计对创新激励的影响，以及对经济总体发展速度的影响。第三个主题分析了不稳定性对经济增长率的影响。要调查的问题之一是不稳定的税收和支出政策通过对投资的影响对平均增长水平的影响。＊＊＊

9320904 Jones This project consists of three topics all concerned with the relationship between public policy and economic growth. The first focuses on the effectiveness of collective choice mechanisms in implementing policies that determine pollution in a growth context. At issue is whether or not the rising income associated with the process of development will result in more stringent environmental controls. In the process of analyzing this issue, the consequences of the irreversibility of pollution effects and the impact on the intergenerational distribution of welfare are analyzed. A related issue is the effect of free trade both on the overall level of pollution, as well as its allocation across countries. Specific interest is focused on understanding both the short-run effect of a switch to free trade and the dynamic impact that the development process has on "pollution trading" The second topic concerns the effects of the design of systems to protect property rights such as patents, copyrights, and trade secret laws on the incentives to innovate and the consequences for the overall rate of development of the economy. The third topic analyzes the effect of instability on the growth rate of the economy. Among the issues to be investigated is the impact of volatile tax and spending policies on the average level of growth through the effect on investment. ***