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Privatization and environmental policy in a mixed oligopoly

Privatization and environmental policy in a mixed oligopoly

Authors :
Fundamentos del análisis económico I
Ekonomia analisiaren oinarriak I
Dong, Quan
Bárcena Ruiz, Juan Carlos
Garzón San Felipe, María Begoña
Fundamentos del análisis económico I
Ekonomia analisiaren oinarriak I
Dong, Quan
Bárcena Ruiz, Juan Carlos
Garzón San Felipe, María Begoña
Publication Year :
2019

Abstract

This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong the government privatizes the public firm and is indifferent between a tax and a standard.

Details

Database :
OAIster
Notes :
We thank two referees for helpful comments. Financial support from Ministerio de Ciencia y Tecnologia (ECO2015-66803-P) and Grupos de Investigacion UPV/EHU (GIU17/051) is gratefully acknowledged., English
Publication Type :
Electronic Resource
Accession number :
edsoai.on1202405873
Document Type :
Electronic Resource