Asymmetric climate policies are expected to distort the level-playing field regarding international trade, singularly to the detriment of small open economies. The paper develops a flexible method that provides essential input regarding the design of offsetting measures. It builds on...

We investigate how carbon taxes combined with output-based rebating (OBR) in an open economy perform in interaction with the carbon policies of a large neighboring trading partner. Analytical results suggest that whether the purpose of the OBR policy is to compensate firms for carbon tax burdens...

Intro -- Contents -- Preface -- Introduction -- 1. The Economic Characteristics of Small Market Economies -- 2. The General Implications of Small Size for Competition Policy -- 3. The Regulation of Single-Firm Dominance -- 4. The Regulation of Natural Monopolies and Essential Facilities -- 5....

In this paper we analyze a simple environmental tax in Edgeworth-Bertrand duopoly with soft capacity constraints and argue that the mode of strategic interaction is co-determined by taxation. Although the capacity constraint gives rise to a non-convexity it is possible to find efficient taxes....

Environmental regulation can interact with agricultural markets to produce underappreciated competitiveness and leakage effects. This paper measures effective carbon tax stringency by structurally recovering the domestic supply schedule for a trade-exposed beef cattle industry such that...