Download or read book Economics of Environmental Policy in Oligopolistic Markets written by Mahelet G. Fikru and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rising public and political concern about greener production, there is unrelenting pressure on individual companies to mitigate and abate pollution and adopt cleaner technologies. Governments adopt several types of environmental policies and regulations that are aimed at protecting the environment and encouraging efficient use of natural resources. Instruments such as carbon tax, emission quota and abatement subsidy are being proposed and implemented in several countries. Such policies affect firms' strategic decision-making such as creating joint ventures, product differentiation, R&D, expansion and outsourcing. This book examines the relationship between firms' strategic decision making, environmental policies and its resulting effect on society. Each chapter builds a theoretical model in which the market structure is imperfect competition.

Download or read book Strategic Environmental Policy in Oligopolistic Markets written by Michael Rauscher and published by . This book was released on 1995 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Environmental Policy and Market Structure written by Carlo Carraro and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the central tenets of this book is that governmental policies must be designed to take into account market characteristics and environmental phenomena - simultaneously. This volume contains a new research effort of the `Fondazione Eni Enrico Mattei' and explores the theoretical underpinnings of environmental policy in a sub-optimal world. Topics considered link economic issues (oligopolistic market structures, firm heterogeneity, and the strategic behavior of governments) to environmental issues (emission abatements, cleaner technologies, and environmental taxation). The articles in this volume were chosen to achieve a balance between breadth and depth and were written by leading experts in the field. In short, this book is rich in policy implications and raises new issues and questions for future research.

Download or read book Competitiveness and Environmental Policies in Strategic Environmental Policy Models written by Frank Stähler and published by . This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Analysis of Environmental Policy in the Power Sector written by Yihsu Chen and published by Springer Nature. This book was released on 2020-04-25 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers game-theoretic approaches to analyzing policies for environmental regulation in the power sector. The scope includes operational and investment decisions in imperfectly competitive electricity markets as well as transmission planning and policy design. Given this context, this book synthesizes equilibrium and bi-level modeling to address challenging research questions such as: • How are power-plant operations affected by carbon policy, such as cap-and-trade (C&T) systems? • How does market power in electricity generation affect market outcomes and CO2 emissions? • How does a strategic firm with first-mover advantage manipulate both electricity and C&T permit prices? • How does a strategic firm with first-mover advantage invest in new generation capacity under a C&T system? • How does sustainable transmission planning adapt to an imperfectly competitive power sector? • How should a renewable portfolio standard (RPS) target be revised in an imperfectly competitive power sector? This book includes plenty of illustrative examples to facilitate the concepts’ comprehension. It is intended to make equilibrium and bi-level models adapted for policy assessment accessible to graduate students, academic researchers, industry practitioners, and policy analysts.

Download or read book Environmental Regulation and Market Power written by Emmanuel Petrakis and published by Edward Elgar Publishing. This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. This text uses research in order to appraise their efficiency in varying market conditions.

Download or read book Regulating the Polluters written by Alexander Ovodenko and published by Oxford University Press. This book was released on 2017 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why have national governments created different international rules and institutions to address global environmental issues? Alexander Ovodenko argues that this variation can be explained by looking to a dynamic that has been thus far downplayed by the literature on global environmental governance: the structures of industries regulated by environmental rules. Regulating the Polluters inverts the literature on regulatory capture and collective action by presenting empirical evidence of the irony of market power in global environmental politics.

Download or read book Strategic Environmental Policies When Waste Products are Tradable written by James Cassing and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper deals with international trade in hazardous waste products when there is an international oligopoly market for waste, and both waste-importing and waste-exporting countries act strategically to utilize national environmental policies to attach rents arising from trade in waste. The authors model a multiple-stage game where waste is generated in an industrialized country as a byproduct of production, and potentially is exported to some less-developed countries, if not abated locally, or imposed on local residents at a cost of an environmental tax. In the market for waste, an oligopolistic supply is assumed. The demand for waste is perfectly competitive, with waste-processing firms guided by marginal disposal costs and environmental taxes levied by foreign countries. With each country playing Nash, the analysis finds domestic and foreign taxes to be distorted from the Pigouvian taxes in such a way that the domestic (waste-exporter) tax rate is set below, and the foreign tax rate is set above, the Pigouvian taxes. However, a global welfare optimum requires tax distortions in the opposite direction, in the sense that foreign environmental taxes must be set below the Pigouvian tax rate.

Download or read book Government Policy Trade Under Oligopolistic Competition and Pollution written by Feng Jiang and published by . This book was released on 2017 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis is a study on the strategic interactions between governments and firms under pollution. Governments make environmental policies and put them on their domestic firms. Firms decide their outputs and compete in the international market. Pollution are local or transboundary.First, we discuss governments’ preference when their firms compete Cournot in the international market. Our results suggest that under local pollution governments tend to apply looser environmental policies on their firms which decrease their production costs. However, these polices become more stringent if governments and firms are under transboundary pollution.Second, we analyze firms’ payoffs in Stackelberg competition and find that under this case, both governments and firms obtain less payoffs than what they can get when firms compete Cournot. This is different from the results that a firm can get more profits as the leader in Stackelberg model than its profits in Cournot model if there is no intervention from governments.Finally, we discover governments’ and firms’ payoffs by collusion and compare all the possible choices for governments and firms. Our results shows that in the first stage governments choose collude in making environmental policies and in the second stage firms would collude in deciding their outputs.

Download or read book Environmental Policy and Endogenous Market Structure written by Barbara Annicchiarico and published by . This book was released on 2016 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a simple dynamic general equilibrium model with supply-side strategic interactions to study the economic effects of mitigating greenhouse gas emissions in an economy with an emission cap and oligopolistic firms competing on prices. With such endogenous market structure a gradual decarbonization policy is likely to induce higher markups, while the number of active firms displays a U-shaped behavior, first decreasing and then increasing. In the long run more firms are active, but they transfer a part of the compliance cost to households by charging a higher markup. The negative effects on the level of economic activity of this anti-competitive outcome are strongly mitigated by recycling policies.

Download or read book Oligopoly the Environment and Natural Resources written by Luca Lambertini and published by Routledge. This book was released on 2013-08-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world’s natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system in the long run. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark. The first part of the book covers static models dealing with incentives for green research and development, Pigovian taxation, cartels, environmental quality and international trade, as well as the role of corporate social responsibility, public firms and consumer environmental awareness as endogenous regulatory instruments. Then, the author moves on to examine the role of time while drawing from optimal control and differential game theory. This opens the way to the discussion of fair discount rates to ensure the welfare of future generations, as well as the long run sustainability of production and consumption patterns.

Download or read book The Greening of Markets written by Michael Kuhn and published by Edward Elgar Publishing. This book was released on 2005 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book is an important contribution to environmental economics and industrial organisation. It analyses environmental markets for green, i.e. environmentally friendly, products and economic policies that improve the functioning of these markets and environmental quality. The book combines rigorous, state-of-the-art theoretical economic analysis with well-founded and very accessible interpretations, even of complex results, and comes to policy conclusions that are highly relevant. I strongly recommend this book - not only to environmental economists, but also to general economists with an interest in markets for differentiated products.' - Michael Rauscher, Rostock University, Germany 'Eco-friendly' variants are gaining market share in many industries such as food, textiles, furniture, detergents and paints, automobiles, electrical appliances or domestic energy. These industries usually involve environmental differentiation, where consumers differ in their willingness to pay for the environmental attributes of a product. Building on the existing literature, this novel book provides a comprehensive analysis of firm strategy and environmental policy-making in such a market. The effects on firm strategy, welfare and emissions of environmental product standards, subsidies for 'green' R&D and environmental taxation are studied in detail. The formal analysis is complemented by non-technical sections providing intuition and empirical context. The book will be of interest to student and scholars of environmental economics and applied industrial organisation as well as policymakers and environmental professionals.

Download or read book Handbook of Environmental Economics written by Karl-Goran Maler and published by Elsevier. This book was released on 2005-12-09 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the frontiers of environmental economics research are at the interface of large-scale and long-term environmental change with national and global economic systems. This is also where some of the most of challenging environmental policy issues occur. Volume 3 of the Handbook of Environmental Economics provides a synthesis of the latest theory on economywide and international environmental issues and a critical review of models for analyzing those issues. It begins with chapters on the fundamental relationships that connect environmental resources to economic growth and long-run social welfare. The following chapters consider how environmental policy differs in a general-equiIibrium setting from a partial-equilibrium setting and in a distorted economy from a perfect economy. The volume closes with chapters on environmental issues that cross or transcend national borders, such as trade and the environment, biodiversity conservation, acid rain, ozone depletion, and global climate change. The volume provides a useful reference for not only natural resource and environmental economists but also international economists, development economists, and macroeconomists.

Download or read book Optimal Environmental Policy for Oligopolistic Industries in an Open Economy written by Klaus Conrad and published by . This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Market Based Instruments written by Lawrence A. Kreiser and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'In the field of environmental policy, there is a widespread tendency to move from command-and-control towards market based instruments that are more efficient and less costly. This book provides a fresh contribution to the literature enlightening the most relevant characteristics of economic tools, with a comprehensive review of experiences in the EU, the Asia-Pacific region and North America. Even if this is a technical book, the language is plain and the comprehension easy. There is much to learn in reading it.' - Alberto Majocchi, University of Pavia, Italy. 'This book contains an impressive collection of papers discussing various aspects of the application of different market based instruments for environmental and climate policy. It covers questions related to the conceptualisation of environmental taxation and national experiences as well as results of modelling exercises from different countries. I highly recommend this book as it discusses the current developments in the application and assessments of market based instruments written by scholars from diverse backgrounds.' - Stefan Speck, European Environment Agency, Denmark. This detailed book explores how market based environmental strategies are used in various countries around the world. It investigates how successful sustainability strategies used by one country can be transferred and used successfully in other countries, with a minimum of new research and experimentation. Leading environmental taxation scholars discuss this question and analyse a set of key case studies. This enriching and detailed book will appeal to policy makers in government, as well as to professors in environmental law, environmental economics and environmental sustainability programmes. Students in these fields will also find much to benefit them in this book.

Download or read book Optimal Environmental Policy for Oligopolistic Industries Under Intra industry Trade written by Klaus Conrad and published by . This book was released on 1994 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Time Strategies Innovation and Environmental Policy written by Christian Sartorius and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Timeliness is a particularly relevant issue in the field of innovation and diffusion research. This book originates from the observation that innovations are time critical and asks the question: when and how do windows of opportunity for new environmental technologies emerge and why do they disappear again? By analysing these windows of opportunity and possible time strategies for innovation policies, this book represents a highly topical contribution to a front line issue in environmental and innovation research. The theoretical framework is applied to well-investigated and highly informative case studies to produce an interesting, insightful and coherent volume.' - Joseph Huber, Martin-Luther-University, Halle, Germany This book is the first attempt to systematically introduce the aspect of time into economic and environmental innovation policy. The authors demonstrate how 'windows of opportunity' for technological innovations emerge and also explain how they can be identified and effectively exploited. Technological innovations are widely considered as an opportunity to realise a double dividend - protect the environment and increase profits by introducing a more sustainable technology. However, intervention by the state is often needed to overcome the competitive disadvantage caused by externalities, path dependency and lock-in. The authors provide extensive evidence that this resistance to technological change is subject to substantial temporal variation. They argue that it is economically and politically sensible to identify periods of time in which resistance is weakest and to exploit these 'windows of opportunity' whenever and wherever they occur. They also highlight how time strategies for innovation policy can involve the preparation and creation of 'windows' which do not yet exist. Throughout the book, they use an array of varied and interesting case studies to confirm and illustrate their theoretical findings. These address issues such as CFC phase-out, the lean-burn engine versus the catalytic converter, ecological alternatives to chemical pesticides and the zero emission vehicle mandate in California. By exploring the relationship between time strategies and technological change, this book will undoubtedly lead to a more efficient and sustainable innovation policy. It will be required reading for academics, researchers and policymakers working in the fields of environmental innovation, sustainability, technology policy and political science.