G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Environmental Research Joint Ventures and Time-Consistent Emission Tax
Yasunori Ouchida; Daisaku Goto
发表日期2014
出处Climate Change and Sustainable Development
出版年2014
语种英语
摘要This paper presents an examination of the socially efficient formation of environmental R&D in Cournot duopoly in a setting where a regulator has no precommitment ability for an emission tax. The results reveal that if the environmental damage is slight, alternatively, given severe environmental damage and large inefficiency in environmental R&D costs, then environmental research joint venture (ERJV) cartelization is socially efficient. However, if environmental damage is severe, and if a firm’s R&D costs are limited, then, in stark contrast to results of previous studies, environmental R&D competition is socially more efficient than the other three scenarios (i.e., environmental R&D cartelization, ERJV competition, and ERJV cartelization), although R&D competition is the case of “NO information sharing and NO R&D coordination.” *** Suggested citation: Ouchida,Y. and Goto, D. (2016) Environmental research joint ventures and time-consistent emission tax: Endogenous choice of R&D formation, Economic Modelling, Vol.55, pp.179-188 (doi: 10.1016/j.econmod.2016.01.025)
特色分类O32;L13;Q55;Q58
关键词Environmental Research Joint Venture Environmental R&D Time-consistent Emission Tax Competition Policy Cournot Duopoly
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/environmental-research-joint-ventures-and-time-consistent-emission-tax/
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/118286
推荐引用方式
GB/T 7714
Yasunori Ouchida,Daisaku Goto. Environmental Research Joint Ventures and Time-Consistent Emission Tax. 2014.
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