Hattori, Keisuke; Kitamura, Takahiro - In: Environmental & Resource Economics 55 (2013) 2, pp. 199-215
In this paper, we endogenize the timing of policymaking in a simple two-country model of strategic environmental policy … sequentially crucially depends on the magnitude of environmental damages. When the damages are insignificant, the tax rates are … allowing for differences in the vulnerability to environmental damages between countries. When the differences are large, the …