G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Voluntary Agreements with Industries: Participation Incentives with Industry-wide Targets
Na Li Dawson; Kathleen Segerson
发表日期2000
出处Climate Change and Sustainable Development
出版年2000
语种英语
摘要We develop a multiple-firm model of an industry's voluntary adoption of environmental protection measures to achieve a predetermined industry-wide emissions reduction target under an explicit threat of imposition of an emissions tax. We examine the free-riding incentive of individual firms and its impact on the viability of a voluntary approach to pollution control (VA). We find that despite the free-riding problem, there is an incentive for a sub-group of firms in an industry to participate in a VA. There always exists an equilibrium VA with at least one firm participating. A VA is strictly preferred by firms and an industry as a whole, although it is cost inefficient from society's point of view. However, if a VA can save transaction costs significantly relative to an emissions tax, it could still be socially preferred. Finally we show that the free-riding problem does not necessarily get worse with an increase in industry size. However, the cost saving to the industry and the loss to the society (excluding transaction costs) increase with the size of an industry.
特色分类K32,D21,Q28
关键词Voluntary agreement,voluntary approach,environmental protection,free-riding,emissions tax
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/voluntary-agreements-with-industries-participation-incentives-with-industry-wide-targets/
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/116565
推荐引用方式
GB/T 7714
Na Li Dawson,Kathleen Segerson. Voluntary Agreements with Industries: Participation Incentives with Industry-wide Targets. 2000.
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