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  • 标题:Second Best Environmental Policies under Uncertainty
  • 本地全文:下载
  • 作者:Fabio Antoniou ; Panos Hatzipanayotou ; Phoebe Koundouri
  • 期刊名称:FEEM Working Papers / Fondazione Eni Enrico Mattei = Nota di Lavoro
  • 出版年度:2010
  • 卷号:2010
  • 出版社:Milano
  • 摘要:We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for rent shifting purposes. Contrary to their firm, however, governments are unable to perfectly foresee the actual level of demand, the cost of abatement and the damage caused from pollution. Under these modes of uncertainty we derive sufficient conditions under which the governments optimally choose an emissions tax over an emissions standard.
  • 关键词:Strategic Environmental Policy; Pollution; Choice of Policy Instrument; Uncertainty
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