G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3671
来源IDWorking Paper 3671
Environmental Policy When Market Structure and Plant Locations are Endo-genous
James R. Markusen; Edward R. Morey; Nancy Olewiler
发表日期1991-04-01
出版年1991
语种英语
摘要A two-region, two-firm model is developed in which firms choose the number and the regional locations of their plants. Both firms pollute and, in this context, market structure is endogenous to environmental policy. There are increasing returns at the plant level, imperfect competition between the "home" and the "foreign" firm, and transport costs between the two markets. These features imply that at critical levels of environmental policy variables, small policy changes cause large discrete jumps in a region's pollution and welfare as a firm closes or opens a plant, or shifts production for the foreign region from/to the home-region plant to/from a foreign branch plant. The implications for optimal environmental policy differ significantly from those suggested by traditional Pigouvian marginal analysis.
主题International Economics ; Environmental and Resource Economics
URLhttps://www.nber.org/papers/w3671
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560982
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James R. Markusen,Edward R. Morey,Nancy Olewiler. Environmental Policy When Market Structure and Plant Locations are Endo-genous. 1991.
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