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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/10011858143
This paper studies the interaction of environmental policy and green preferences under potential firm relocation. A …
Persistent link: https://www.econbiz.de/10012437569
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/10011880811
firms to relocate. When firms do not invest in R&D on relocation, R&D discourages firms to relocate since the investment …
Persistent link: https://www.econbiz.de/10009364646
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
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/10010359348
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/10008934645
Ultra-hazardous risky activities as nuclear industry cannot be considered as “normal industries” i.e. industries without abnormal environmental and health risks. Consequently, the industrial organization of these specific sectors is of the utmost importance. This paper aims at studying this...
Persistent link: https://www.econbiz.de/10013126028