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The informational value of environmental taxes
Ambec, Stefan; Coria, Jessica - 2019
Persistent link: https://www.econbiz.de/10012098057
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The informational value of environmental taxes
Ambec, Stefan; Coria, Jessica - 2019
Persistent link: https://www.econbiz.de/10012182166
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Regulating stock externalities
Gerlagh, Reyer; Heijmans, Roweno - 2018
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...
Persistent link: https://www.econbiz.de/10011939765
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Regulation of stock externalities with learning
Karp, Larry S.; Zhang, Jiangfeng - 1999
Persistent link: https://www.econbiz.de/10001447175
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Environmental Externalities and Political Externalities : The Political Economy of Environmental Regulation and Reform
Zywicki, Todd J. - 2014
For years, economists and lawyers have bemoaned the inefficiencies of the current centralized, command-and-control regime of environmental regulation. Despite the manifest failure of the current regime, however, the system of environmental regulation seems to be largely immune to rationalization...
Persistent link: https://www.econbiz.de/10014206151
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Regulation of Stock Externalities with Learning
Karp, Larry S.; Zhang, Jiangfeng - 2001
We study the situation where firms' actions contribute to a stock externality. The regulator and firms have asymmetric information about serially correlated (abatement) costs. With price-based policies such as taxes, the regulator learns about the evolution of both stock and costs. This ability...
Persistent link: https://www.econbiz.de/10014159799
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Environmental Regulation and Industrial Performance : Evidence from Unexpected Externalities in China
Jefferson, Gary H.; Tanaka, Shinsuke; Yin, Wesley - 2015
generated by the Two Control Zone policy in China across cities and across industries, we find evidence that pollution …-intensive firms substantially improved economic performance, whereas energy-intensive firms received negative externalities. The …
Persistent link: https://www.econbiz.de/10014161018
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Regulating Stock Externalities
Gerlagh, Reyer - 2019
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...
Persistent link: https://www.econbiz.de/10012892203
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Regulation, external R&D, and strategic diffusion of pollution abatement technology
Yan, Yan; Li, Yi - In: International review of economics & finance : IREF 86 (2023), pp. 731-744
Persistent link: https://www.econbiz.de/10014434543
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Environmental regulation of a global pollution externality in a bilateral trade framework : the case of global warming, China and the US
Gwatipedza, Johnson; Barbier, Edward - 2013
) and the South (China) in the presence of a global pollution externality. Each country's share of global pollution depends … on its share of world capital. We show that, if the disutility of pollution in the United States is high, there will be … pressure on the US to raise environmental regulations on industry. Capital will move to China. Because the increased pollution …
Persistent link: https://www.econbiz.de/10010221728