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firms' relocation, creation of a subsidiary or the adoption of technology by southern firms, or it may be decided at … government level. This paper investigates in a two-country model (North and South) the relationship between the firms' relocation … technology by technology adoption, public transfer or subsidiary creation induces a decrease in relocation, while technology …
Persistent link: https://www.econbiz.de/10012140950
Under imperfect competition, the effect of a cap-and-trade system on indus- try profits depends on the type of abatement technology that is used by firms: industries that use process-integrated technologies are more affected than those using end-of-pipe abatement technologies. The interaction...
Persistent link: https://www.econbiz.de/10011753250
This paper studies the effect of an emission tax on the relocation decision in a duopoly with exogenous vertical … product differentiation. We establish the relationship between quality difference, relocation cost, and marginal damage of … relocation. If also the foreign country applies an emission tax, there is no equilibrium in which both firms relocate to the …
Persistent link: https://www.econbiz.de/10011857401
This paper studies the effect of an emission tax on the relocation decision in a duopoly with exogenous vertical … product differentiation. We establish the relationship between quality difference, relocation cost, and marginal damage of … relocation. If also the foreign country applies an emission tax, there is no equilibrium in which both firms relocate to the …
Persistent link: https://www.econbiz.de/10011859804
This paper studies the interaction of environmental policy and green preferences under potential firm relocation. A …
Persistent link: https://www.econbiz.de/10012287927
This paper studies the effect of an emission tax on the relocation decision in a duopoly with vertical product … differentiation. We establish the relationship between an exogenous product quality markup, relocation cost, and emission taxation in … competition makes firm relocation more likely, which results in emission shifting instead of emission reduction. The higher the …
Persistent link: https://www.econbiz.de/10014501479
The issue of how to allocate pollution permits is critical for the political sustainability of any cap-and-trade system. Under the objective of offsetting firms' losses resulting from the environmental regulation, we argue that the criteria for allocating free allowances must account for the...
Persistent link: https://www.econbiz.de/10010306873
Ultra-hazardous risky activities as the nuclear industry cannot be considered as normal industries i.e. without abnormal environmental and health risks. This theoretical paper studies the industrial organization of electro nuclear sectors from the view point of the general cost of impact...
Persistent link: https://www.econbiz.de/10010279648
We study the effect of a shock on firms’ costs in a general setting by considering both perfect and imperfect competition and a general cost function. We show that, counterintuitively, firms’ profits may increase with cost increases. We generalize Seade’s (1985) results by considering the...
Persistent link: https://www.econbiz.de/10011753255
This paper shows that firms respond strategically to ENERGY STAR, a voluntary certification program for energy-efficient products. Firms offer products that bunch at the certification requirement, differentiate certified products in energy and non-energy dimensions, and charge a price premium on...
Persistent link: https://www.econbiz.de/10011985374