Justice,Not Jailbreak: The Context and Consequence of the First Step Act

ABSTRACT

The First Step Act, a legislative endeavor half nearly a decade in the making and advocated for by President Trump, represented the most significant easing of federal criminal punishment to date. This article discusses the historical antecedents for the prison and sentencing reform legislation and discusses its path through the 115^th Congress of the United States.     

Earning its Wings: a political economy analysis of China's journey toward development of the C-919 commercial airliner

This article examines China's development of its C-919 large passenger aircraft through the lens of Porter's Determinant Model. The model serves as a blueprint for analyzing what China must do to increase its probability of developing a competitive, large passenger aircraft. Success in the industry can be achieved best by developing technologically advanced aircraft and selling a sufficient number to develop economies of scale. To explore underlying questions of what China is doing right and what areas need improvement, the author interviewed key aviation professionals and sampled the limited publications on the topic in both English and Chinese.     

Has the Clean Air Interstate Rule Fulfilled Its Mission? An Assessment of Federal Rule‐Making in Preventing Regional Spillover Pollution

The Environmental Protection Agency developed the Clean Air Interstate Rule (CAIR) to minimize sulfur dioxide and nitrogen oxide emissions from power plants and prevent pollution spillover into downwind states. While observers of CAIR claim success in the reduction of air pollution, our innovative multivariate statistical analysis based on spatial and facility‐level panel data finds mixed results concerning the rule's effectiveness. On the one hand, we find that CAIR facilities are associated with increases in the reduction rate of pollution compared to non‐CAIR facilities. However, the evidence suggests that sulfur dioxide levels decreased in CAIR‐mandated facilities before the actual implementation of the program. Additionally, on the one hand, CAIR facilities in the interior of states are associated with slower pollution reduction rates than those on the border. However, this difference in reduction rate does not change dramatically before or after the adoption or implementation of this rule. This suggests that the CAIR program was ineffective in targeting specific facilities most likely to contribute to interstate pollution. We conclude that while CAIR spurred the electrical utility industry to reduce air pollution, some of these reductions occurred before the actual implementation of the program. More substantially, gains in interstate spillover pollution did not occur by targeting specific facilities most likely to spillover but rather through the overall reduction of air pollution in the eastern states.     

Foreclosure in contests

We consider a contest where one firm has a cost advantage over rivals. Instead of taking the set of rivals as given, the favorite can transfer the source of its advantage wholly or partially to a subset of rival firms. Foreclosure of those firms that do not receive the cost reduction may result. We present conditions under which this transfer will occur and consider the welfare properties of exclusion. The expected payoff of the dominant firm is independent of the size of the cost reduction transferred to rivals. Applications include lobbying, patent races and access to essential infrastructure.