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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry | |
Francesca Sanna-Randaccio; Roberta Sestini | |
发表日期 | 2010 |
出处 | Climate Change and Sustainable Development |
出版年 | 2010 |
语种 | 英语 |
摘要 | This paper analyses the impact of unilateral climate policy on firms’ international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct investment are separately considered. A simple international duopoly model highlights the differences between short-term and long-term effects. In the short-term no change in location is a likely outcome in very capital-intensive sectors, and when there is a strategy shift this takes the form of partial instead of total relocation. In the long-run total relocation becomes a feasible outcome. However we found that, when tighter mitigation measures are introduced by the larger country and unit transport cost is high, with a pronounced market asymmetry the probability of firms not relocating abroad is high even in the long-term. The welfare implications of unilateral environmental measures are assessed considering global industrial pollution and accounting for shifts in location strategy. |
特色分类 | F12;F23;Q58 |
关键词 | Foreign Direct Investment Carbon Leakage Climate Policy Relocation Transport Costs Welfare |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-impact-of-unilateral-climate-policy-with-endogenous-plant-location-and-market-size-asymmetry/ |
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/117882 |
推荐引用方式 GB/T 7714 | Francesca Sanna-Randaccio,Roberta Sestini. The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry. 2010. |
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 | ||
2010916154991Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20109161555544NDL201(407KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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