Showing 1 - 10 of 18
In this article, we consider firms competing in an imperfectly competitive international market. These firms are not all submitted to a pollution permit market. We show that a dominant firm being part of the pollution permit market can use it to obtain an advantage in the product market. This...
Persistent link: https://www.econbiz.de/10010991393
Persistent link: https://www.econbiz.de/10009150242
Protected areas are increasingly used as a tool to fight against deforestation. This paper presents new evidence on the spillover effects that occur in the decision to deforest and the creation of protected areas in local administrative entities in Brazilian Legal Amazon over the 2001-2011...
Persistent link: https://www.econbiz.de/10010821131
Permit markets lead polluting firms to purchase abatement goods from an eco-industry which is often concentrated. This paper studies the consequences of this sort of imperfectly competitive eco-industry on the equilibrium choices of the competitive polluting firms. It then characterizes the...
Persistent link: https://www.econbiz.de/10010889734
Protected areas are increasingly used as a tool to fight against deforestation. This paper presents new evidence on the spillover effects that occur in the decision to deforest and the creation of protected areas in local administrative entities in Brazilian Legal Amazon over the 2001-2011...
Persistent link: https://www.econbiz.de/10010883837
In this article we introduce a polluting eco-industry. Depending on the level of the damage, we find one of two optimal equilibria. If the damage is low, we generalize the usual results of the economic literature to the polluting eco-industry: the dirty firm partially abates their emissions,...
Persistent link: https://www.econbiz.de/10011076204
Cet article traite de l’exclusion par manipulation des marchés de permis d’émission. Dans un premier temps, nous déterminons la va- leur de l’exclusion contenue dans le permis. Puis, nous définissons la stratégie de sur-achat des permis et évaluons son impact sur le prix du permis....
Persistent link: https://www.econbiz.de/10010535140
[eng] Pollution Permit Markets and Imperfect Competition Pollution permit markets offer attractive properties if there are competitive. Moreover, this result is not valid anymore if the pollution permit market or output markets are not competitive. The aim of this article is to show in which...
Persistent link: https://www.econbiz.de/10011147182
Cet article traite de l'exclusion par manipulation des marchés de permis d'émission. Dans un premier temps, nous déterminons la valeur de l'exclusion que le permis représente. Puis, nous définissons la stratégie de sur-achat des permis et évaluons son impact sur le prix du permis. Nous en...
Persistent link: https://www.econbiz.de/10004985443
This paper discusses market power effects in ambient permit markets. We consider a dominant firm in a position to exert market power in several markets. A first conclusion is that the distortion observed on manipulated markets spreads to other markets. We find that the manipulated prices could...
Persistent link: https://www.econbiz.de/10005086815