G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Voluntary Environmental Agreements, Emission Taxes and International Trade: The Importance of the Timing of Strategies
Klaus Conrad
发表日期1999
出处Climate Change and Sustainable Development
出版年1999
语种英语
摘要The purpose of the paper is to narrow the gap between the widespread use of voluntary agreements and research on the rationale of such approaches. A typical example are voluntary agreements of many industries to reduce carbon dioxide emissions because of global warming. If the industry anticipates that taxes and fees will be introduced in the coming years, it seems rational to act in advance in order to mitigate the tax levels. The conventional approach in strategic trade and tax models was to look at a two-stage game where governments set taxes first and then firms react. In such a policy regime the government is concerned about the international competitiveness of its firms and sets taxes below marginal damages. In this paper, we consider a policy regime with a reversed timing. Firms commit themselves in the face of emission taxes to abatement efforts and to lower levels of the environmentally intensive output. Then the government introduces the tax. Under this timing of strategies the tax is equal to marginal damage. Firms waive profit and reduce output in order to use less of the polluting input. The reward for this behaviour will be a less strict use of policy instruments and hence lower abatement costs in the near future.
特色分类D43,F13,H23
关键词Environmental policy,Strategic trade policy,Emission taxes,Voluntary agreements
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/voluntary-environmental-agreements-emission-taxes-and-international-trade-the-importance-of-the-timing-of-strategies/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116431
推荐引用方式
GB/T 7714
Klaus Conrad. Voluntary Environmental Agreements, Emission Taxes and International Trade: The Importance of the Timing of Strategies. 1999.
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