全球智库信息集成服务系统(G2TT): Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity
	Francesca Sanna-Randaccio; Roberta Sestini; Ornella Tarola
发表日期	2014
出处	Climate Change and Sustainable Development
出版年	2014
语种	英语
摘要	We contribute to the debate on the impact of unilateral climate policy with a two-country two-firm international oligopoly model accounting for endogenous plant location and heterogeneity in both country size and firm’s emissions technology. Our results suggest that, if the carbon price differential is moderate as compared to unit transport costs and the relative size of the highly regulated country is big enough, a no relocation equilibrium may prevail also in the long run. A large market asymmetry coupled with a small technology gap emerges as the only configuration in which unilateral climate policy leads to a fall in world emissions irrespective of the optimal location choice. Thus for being effective and not leading to production relocation, unilateral climate policy should be moderate, implemented by a sufficiently large area and complemented by mechanisms for promoting the international transfer of clean technologies. Welfare implications are also discussed. *** Suggested citation: Sanna-Randaccio, F., R. Sestini, O. Tarola, (2014), 'Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity', Nota di Lavoro 55.2014, Milan, Italy: Fondazione Eni Enrico Mattei.
特色分类	F12;F23;Q58
关键词	Foreign Direct Investment. Carbon leakage. Climate Policy Emissions Technologies
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/unilateral-climate-policy-and-foreign-direct-investment-with-firm-and-country-heterogeneity/
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/118292
推荐引用方式 GB/T 7714	Francesca Sanna-Randaccio,Roberta Sestini,Ornella Tarola. Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity. 2014.

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文件名称/大小	资源类型	版本类型	开放类型	使用许可
2014529142661Nota_di（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
20147141359474NDL201（1295KB）	智库出版物		限制开放	CC BY-NC-SA	浏览