Environmental Regulation in Oligopoly Markets PDF Download

Author: Erin Taochi Mansur
Publisher:
ISBN:
Category : Electric power production
Languages : en
Pages : 484

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Author: International Institute for Environment & Development
Publisher: IIED
ISBN: 1904035302
Category :
Languages : en
Pages : 31

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Author: Jody Freeman
Publisher: OUP USA
ISBN: 0195189655
Category : Business & Economics
Languages : en
Pages : 501

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Author: Erin T. Mansur
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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In an oligopoly market subject to environmental regulation through tradable pollution permits, polluters' output decisions affect the price of polluting. With a pollution tax, this feedback effect is absent. In a permit regime, I show that the feedback effect increases strategic firms' production and improves welfare. I empirically test the environmental implications of oligopoly behavior in the Pennsylvania, New Jersey, and Maryland electricity market. Air pollution fell substantially during 1999, the year in which both electricity restructuring and a tradable permit system took effect. Surprisingly, I show that 33-42 percent of the emissions reductions resulted from strategic behavior in the electricity market. Simulations suggest that welfare loss would have been seven percent greater under a tax than with tradable permits.

Author: Claudio Ferraz
Publisher:
ISBN:
Category : Air
Languages : en
Pages : 34

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Author: Mahelet G. Fikru
Publisher: Nova Science Publishers
ISBN: 9781634631655
Category : Environmental impact charges
Languages : en
Pages : 0

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With the rising public and political concern about greener production, there is unrelenting pressure on individual companies to mitigate and abate pollution and adopt cleaner technologies. Governments adopt several types of environmental policies and regulations that are aimed at protecting the environment and encouraging efficient use of natural resources. Instruments such as carbon tax, emission quota and abatement subsidy are being proposed and implemented in several countries. Such policies affect firms' strategic decision-making such as creating joint ventures, product differentiation, R&D, expansion and outsourcing. This book examines the relationship between firms' strategic decision making, environmental policies and its resulting effect on society. Each chapter builds a theoretical model in which the market structure is imperfect competition.

Author: Emmanuel Petrakis
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

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Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. This text uses research in order to appraise their efficiency in varying market conditions.

Author: Carlo Carraro
Publisher: Springer Science & Business Media
ISBN: 940158642X
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
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.

Author: Ted Gayer
Publisher: Now Publishers Inc
ISBN: 1933019379
Category : Business & Economics
Languages : en
Pages : 140

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Book Description
Market-based Approaches to Environmental Regulation reviews the economics literature of market-based environmental regulations and design issues for environmental taxes and cap-and-trade systems. It begins by reviewing the economics literature on the theory of market-based environmental regulations. It then goes on to cover design issues for environmental taxes and cap-and-trade systems. Market-based Approaches to Environmental Regulation also discusses the U.S. experience with a number of regulatory approaches that are commonly characterized as market-based and describes the mix of market and non-market instruments that characterize these policies. Market-based Approaches to Environmental Regulation will be of interest to all researchers and practitioners in the field of environmental regulation.

Author: Y. S. Katsoulacos
Publisher:
ISBN:
Category : Environmental policy
Languages : en
Pages : 32

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