Ruiz, Bárcena; Carlos, Juan; Corredera, Campo; Luz, María - Departamento de Fundamentos del Análisis Económico I, … - 2011
This paper analyzes the effect that passive investment in rival firms has on the setting of cooperative and non-cooperative environmental taxes. We consider two firms located in different countries, one of which owns a stake in its rival. We show that partial cross-ownership affects the taxes...