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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 |
URL | https://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. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2008-046.pdf(388KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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