Environmental Policy when Market Structure and Plant Locations are Endogenous

Environmental Policy when Market Structure and Plant Locations are Endogenous

Author: James R. Markusen

Publisher:

Published: 1991

Total Pages: 46

ISBN-13:

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A two-region, two-firm model is developed in which firms choose the number and the regional locations of their plants. Both firms pollute and, in this context, market structure is endogenous to environmental policy. There are increasing returns at the plant level, imperfect competition between the "home" and the "foreign" firm, and transport costs between the two markets. These features imply that at critical levels of environmental policy variables, small policy changes cause large discrete jumps in a region's pollution and welfare as a firm closes or opens a plant, or shifts production for the foreign region from/to the home-region plant to/from a foreign branch plant. The implications for optimal environmental policy differ significantly from those suggested by traditional Pigouvian marginal analysis


The Economics of International Trade and the Environment

The Economics of International Trade and the Environment

Author: Amitrajeet A Batabyal

Publisher: CRC Press

Published: 2001-02-07

Total Pages: 317

ISBN-13: 1000738264

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Issues related to environmental protection and trade liberalization have moved to the forefront of international policy agendas. The Economics of International Trade and the Environment explores - from an economic standpoint - many of the questions that are germane in increasing our knowledge of environmental policy in the presence of international


Environmental Policy and Endogenous Market Structure

Environmental Policy and Endogenous Market Structure

Author: Barbara Annicchiarico

Publisher:

Published: 2016

Total Pages: 49

ISBN-13:

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This paper presents a simple dynamic general equilibrium model with supply-side strategic interactions to study the economic effects of mitigating greenhouse gas emissions in an economy with an emission cap and oligopolistic firms competing on prices. With such endogenous market structure a gradual decarbonization policy is likely to induce higher markups, while the number of active firms displays a U-shaped behavior, first decreasing and then increasing. In the long run more firms are active, but they transfer a part of the compliance cost to households by charging a higher markup. The negative effects on the level of economic activity of this anti-competitive outcome are strongly mitigated by recycling policies.


Environmental Policy and Market Structure

Environmental Policy and Market Structure

Author: Carlo Carraro

Publisher: Springer Science & Business Media

Published: 2013-03-09

Total Pages: 220

ISBN-13: 940158642X

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One of the central tenets of this book is that governmental policies must be designed to take into account market characteristics and environmental phenomena - simultaneously. This volume contains a new research effort of the `Fondazione Eni Enrico Mattei' and explores the theoretical underpinnings of environmental policy in a sub-optimal world. Topics considered link economic issues (oligopolistic market structures, firm heterogeneity, and the strategic behavior of governments) to environmental issues (emission abatements, cleaner technologies, and environmental taxation). The articles in this volume were chosen to achieve a balance between breadth and depth and were written by leading experts in the field. In short, this book is rich in policy implications and raises new issues and questions for future research.


Environmental Policy in an International Perspective

Environmental Policy in an International Perspective

Author: Laura Marsiliani

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 349

ISBN-13: 9401703337

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The volume contains papers presented at a conference "On the International Dimension of Environmental Policy". It deals with two issues: *international environmental agreements; *environmental policies in open economies. Both issues are hot topics. The debate on how to cope with global climate change has become increasingly heated and controversial, and the relationship between trade and the environment is on the WTO agenda. The book contains review papers in which leading scholars in the field summarise the state of the art and original research extending the state of the art. Most of the papers are theoretically oriented, but some papers also present empirical results, using new econometric methods and new data. The book contains material for those students of economics and researchers who wish to deepen their knowledge in the area of International Environmental Economics, but also for those who endeavour to break new ground in this important field of research.


Spatial Aspects of Environmental Policy

Spatial Aspects of Environmental Policy

Author: Wayne Gray

Publisher: Routledge

Published: 2019-01-22

Total Pages: 554

ISBN-13: 1351148672

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There has been a recent explosion of research incorporating a spatial dimension in environmental and natural resource economics, where the spatial aspects of human behaviour or the natural environment make a crucial difference in the analysis and policy response to the problem. Much of this research has been driven by the growing availability of spatially explicit social science data and the development of tools and methodological advances to use these data. Collected in this volume are 24 key articles considering the reasons for spatial variation in policies, due to either efficiency or equity considerations, and the consequences of that spatial variation for both environmental and economic outcomes. These articles demonstrate that the failure to address spatial issues in the analysis can create two problems: (1) the analysis provides a poor basis for predicting actual behaviour that is specifically based upon spatial considerations, and (2) the analysis fails to provide a basis for designing spatially targeted policies that could lead to more efficient outcomes.


Trade, Innovation, Environment

Trade, Innovation, Environment

Author: Carlo Carraro

Publisher: Springer Science & Business Media

Published: 1994-08-31

Total Pages: 424

ISBN-13: 9780792330332

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The research projects at Fondazione Mattei have for some time now been dealing with the international dimension of environmental policy. Indeed, most environ mental phenomena have international implications, which stem from a number of factors: physical ones, such as the transnational or global consequences of pollution and resource conservation; technological factors, such as technological cooperation and diffusion; and economic factors, such as trad~, plant localiza tion and migrations. Even in the absence of transnational pollution, therefore, the environmental issues involve substantial interdependence among countries. This volume, edited by Carlo Carraro, presents some of the research which we carried out in international environmental policy, focusing on the relationship between trade, innovation and the environment. The papers in part one discuss the impact of international trade and institu tions on environmental resources. Those in part two deal with the importance of innovation when attempting to solve the major environmental problems. The papers in part three, finally, focus on specific policy issues stressing the impor tance of institutions and property rights. The whole set of contributions can be seen as progress in environmental economics. The different chapters highlight the close relationship between envi ronmental issues and economic development and they merge the literature on the environment with the literature on innovation, economic growth, trade, plant localization, institutions, etc.