G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Environmental Regulation and Horizontal Mergers in the Eco-industry
joan Canton; Maia David; Bernard Sinclair-Desgagné
发表日期2008
出处Climate Change and Sustainable Development
出版年2008
语种英语
摘要This paper considers the environmental policy and welfare implications of a merger between environment firms (i.e., firms managing environmental resources or supplying pollution abatement goods and services). The traditional analysis of mergers in Cournot oligopolies is extended in two ways. First, we show how environmental policy affects the incentives of environment firms to merge. Second, we stress that mergers in the eco-industry impact welfare beyond what is observed in other sectors, due to an extra effect on pollution abatement efforts; this might lead to disagreements between an anti-trust agency seeking to limit market concentration which can be detrimental to consumer surplus and a benevolent regulator who maximizes total welfare.
特色分类D62,H23,L11
关键词Eco-Industry,Environmental Policy,Horizontal Mergers
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/environmental-regulation-and-horizontal-mergers-in-the-eco-industry/
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/117571
推荐引用方式
GB/T 7714
joan Canton,Maia David,Bernard Sinclair-Desgagné. Environmental Regulation and Horizontal Mergers in the Eco-industry. 2008.
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