Showing 1 - 10 of 721,869
This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize...
Persistent link: https://www.econbiz.de/10012858455
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
improves domestic social welfare, as it allows the public firm to lower its poaching price. In both cases, privatization is …
Persistent link: https://www.econbiz.de/10013272877
This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize...
Persistent link: https://www.econbiz.de/10014486102
product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by … firms, and privatization to be global welfare enhancing in this case. …
Persistent link: https://www.econbiz.de/10011785057
economic theory has restricted to either of them when submitting conventional policy instruments to a comparative analysis. The …. -- Cournot oligopoly ; external diseconomies of pollution ; cost uncertainty ; emission standard ; emission tax …
Persistent link: https://www.econbiz.de/10003725693
environmental economic theory has restricted itself to either of them when submitting conventional policy instruments to a …
Persistent link: https://www.econbiz.de/10009746170
economic theory has restricted to either of them when submitting conventional policy instruments to a comparative analysis. The …. -- Cournot oligopoly ; external diseconomies of pollution ; cost uncertainty ; emission standard ; emission tax …
Persistent link: https://www.econbiz.de/10009746172
In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...
Persistent link: https://www.econbiz.de/10010361382
This paper investigates the relationship between partial privatization and the entry of private firms. The effects of …, if the public firm is partially privatized. Furthermore, the effects of partial privatization on market performance, as … well as the socially optimal degree of privatization, crucially depend on whether the new entrant is a domestic or foreign …
Persistent link: https://www.econbiz.de/10013128048