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We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …
Persistent link: https://www.econbiz.de/10011800081
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10003832579
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Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10011377842
Reactive nitrogen (N) and phosphorus (P) pollution in Germany is mainly caused by production of cattle meat and milk …, which is mostly consumed domestically. This pollution comes at a high external costs not yet addressed by current policies …. We explore scenarios where reduced domestic cattle production aims to lower N and P pollution. We also analyze the …
Persistent link: https://www.econbiz.de/10015156848
market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments-taxation … on polluters, feed-in tariffs for clean entrants, and taxation of consumption-cannot correct these two market failures …
Persistent link: https://www.econbiz.de/10010350472
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