Self-financing Tax/Subsidy Mechanisms in Environmental Regulation with Many Firms


Breitscheidel, Jörg


[img]
Preview
PDF
dp0587.pdf - Published

Download (271kB)

URL: http://ub-madoc.bib.uni-mannheim.de/1204
URN: urn:nbn:de:bsz:180-madoc-12040
Document Type: Working paper
Year of publication: 2005
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q28 L50 D62 D43 ,
Subject headings (SWD): Steuer , Regulation , Wertpapieremission
Abstract: We consider the application of self-financing tax/subsidy mechanisms in environmental regulation and explore the question whether these mechanisms yield strong investment incentives in a market with many firms under Cournot competition. It turns out that the tax/subsidy mechanism with the announcement of the subsidy rate and the tax/subsidy mechanism with the announcement of the tax rate work for an arbitrary number of firms, which means that they yield strong incentives for investing in environmentally friendly technologies. The announcement of the subsidy rate is preferable for solving hold-up problems.
Additional information:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Breitscheidel, Jörg (2005) Self-financing Tax/Subsidy Mechanisms in Environmental Regulation with Many Firms. Open Access [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item