Environmental Policies and Mergers¿ Externalities

A Cournot oligopolistic setting model of trade is characterized by local and foreign firms competing in the presence of pollution quota and tax. Local firms are foreign-owned (FDI) and repatriate their profits. First, we analyze the impact on welfare given by the merger of the local firms, as a resp...

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Detalles Bibliográficos
Autores principales:	Rafael S. Espinosa Ramirez, M. Ozgur Kayalica
Formato:	Artículo científico
Publicado:	Centro de Investigación y Docencia Económicas, A.C. 2007
Materias:	Economía y Finanzas environmental policies mergers emission permits
Acceso en línea:	http://www.redalyc.org/articulo.oa?id=32316102 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-010&d=32316102oai
Aporte de:	Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales

id	I16-R122-32316102oai
record_format	dspace
institution	Consejo Latinoamericano de Ciencias Sociales
institution_str	I-16
repository_str	R-122
collection	Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic	Economía y Finanzas environmental policies mergers emission permits
spellingShingle	Economía y Finanzas environmental policies mergers emission permits Rafael S. Espinosa Ramirez M. Ozgur Kayalica Environmental Policies and Mergers¿ Externalities
topic_facet	Economía y Finanzas environmental policies mergers emission permits
description	A Cournot oligopolistic setting model of trade is characterized by local and foreign firms competing in the presence of pollution quota and tax. Local firms are foreign-owned (FDI) and repatriate their profits. First, we analyze the impact on welfare given by the merger of the local firms, as a response to external firms competition and pollution abatement costs. Second, when merger is welfare decreasing, we study the best response of the government in order to compensate this negative externality. Finally, we compare the pollution quota and tax in order to determine their efficiency as a policy instrument.
format	Artículo científico Artículo científico
author	Rafael S. Espinosa Ramirez M. Ozgur Kayalica
author_facet	Rafael S. Espinosa Ramirez M. Ozgur Kayalica
author_sort	Rafael S. Espinosa Ramirez
title	Environmental Policies and Mergers¿ Externalities
title_short	Environmental Policies and Mergers¿ Externalities
title_full	Environmental Policies and Mergers¿ Externalities
title_fullStr	Environmental Policies and Mergers¿ Externalities
title_full_unstemmed	Environmental Policies and Mergers¿ Externalities
title_sort	environmental policies and mergers¿ externalities
publisher	Centro de Investigación y Docencia Económicas, A.C.
publishDate	2007
url	http://www.redalyc.org/articulo.oa?id=32316102 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-010&d=32316102oai
work_keys_str_mv	AT rafaelsespinosaramirez environmentalpoliciesandmergersexternalities AT mozgurkayalica environmentalpoliciesandmergersexternalities
bdutipo_str	Repositorios
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Environmental Policies and Mergers¿ Externalities

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