AWARDS
The 2016 IAERE Young Environmental Economist Award was awarded
to:
Hélia
COSTA
Grantham Research Institute and LSE Cities, London School of
Economics
Her paper "Pork Barrel as a Signaling Tool: The Case of US Environmental Policy" uses an interesting theoretical approach integrated with an excellent empirical analysis, based on a yearly US dataset 1970-2000, with important implications for the theoretical literature on politically driven policy distorsion, as well as for governance discussions around mechanisms aimed at preventing inefficient behaviour. The empirical findings of the paper show that the environmental expenditures in the US are influenced by electorate preferences elicitation and prone to distortions to get electoral advantage, via signaling mechanisms. The paper has a political economy perspective with some interactions with political sciences.
The Award was announced at the Fourth
IAERE Annual Conference hosted by the Department of
Economics of the Alma Mater Studiorum - University of Bologna on
February 11-12, 2016.
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