We compare the effects of an emission tax, and those of an emission standard, on welfare and pollution levels under oligopolistic market structures. We consider the cases where the number of firms is fixed and where there is free entry and exit of firms. When the number of firms is fixed (i) an emission standard is welfare-superior to a pollution-equivalent emission tax, and (ii) an emission tax is emission-superior to welfare-equivalent emission standard. Under free entry and exit, the results are just the opposite when the inverse demand function is concave
Governments have recently become increasingly concerned about environmental policy choice in a mixed...
The purpose of this paper is to analyze whether the choice between two instruments of environmental ...
By specializing Montero’s (J Environ Econ Manag 44:23–44, 2002) model of environmental regulation un...
Classification JEL : D62; H23; L11This paper examines the effect of emission taxes on pollution abat...
This study investigates the timing of environmental policies in free-entry mixed markets with excess...
This paper considers a market with an incumbent monopolistic firm and a potential entrant. Productio...
This research examines the role of the abatement subsidy as a potential environmental policy option ...
Abstract We use a general equilibrium model to address the question whether a regulatory emission st...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
This study investigates the timing of environmental policies in free-entry mixed markets with excess...
This paper considers a market with an incumbent monopolistic firm and a potential entrant. Productio...
I examine the welfare effects of emission permit trading in an economy where the use of energy in pr...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
Governments have recently become increasingly concerned about environmental policy choice in a mixed...
The purpose of this paper is to analyze whether the choice between two instruments of environmental ...
By specializing Montero’s (J Environ Econ Manag 44:23–44, 2002) model of environmental regulation un...
Classification JEL : D62; H23; L11This paper examines the effect of emission taxes on pollution abat...
This study investigates the timing of environmental policies in free-entry mixed markets with excess...
This paper considers a market with an incumbent monopolistic firm and a potential entrant. Productio...
This research examines the role of the abatement subsidy as a potential environmental policy option ...
Abstract We use a general equilibrium model to address the question whether a regulatory emission st...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
This study investigates the timing of environmental policies in free-entry mixed markets with excess...
This paper considers a market with an incumbent monopolistic firm and a potential entrant. Productio...
I examine the welfare effects of emission permit trading in an economy where the use of energy in pr...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
It is well known that uncertainty concerning firms’ costs as well as market power of the latter have...
Governments have recently become increasingly concerned about environmental policy choice in a mixed...
The purpose of this paper is to analyze whether the choice between two instruments of environmental ...
By specializing Montero’s (J Environ Econ Manag 44:23–44, 2002) model of environmental regulation un...