Emissions taxation in durable goods oligopoly
Article Abstract:
Product durability is not necessarily independent of market structure and firms will not minimize their production costs of providing service when emissions taxes are in place. This is because emissions or excise taxes are determined by output levels, hence affecting marginal production decisions. In contrast, profit taxes have no effect on marginal production decisions. Another significant assumption is that the second-best optimal tax on imperfectly competitive businesses may not be less than the tax assessed on a competitive firm, an indication that the tax exerts a significant influence on the product durability choice of an imperfectly competitive firm.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1999
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Valuing alternative-fuel vehicles in Southern California
Article Abstract:
A dynamic microsimulation model is used to evaluate the use of alternative-fuel vehicles in decreasing emissions in Southern California. The use of alternative-fuel vehicles will reduce emissions in the presence of two counterbalancing reactions. The use of alternative-fuel vehicles in place of gasoline vehicles lessens total emissions ceteris paribus. The purchase of limited-range vehicles by households with different vehicles may increase total emissions as it results in a usage trade-off.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
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Gains from trae and strategic interaction: equilibrium acid rain abatement in the eastern United States and Canada
Article Abstract:
Investigations into the strategic and trade implications of the acid rain abatement strategies being developed by both the US and Canada showed that the US overlooked the absolute savings it can realize by subsidizing the acid rain abatement program of Canada. This can be seen in the qualitative indicators of acid rain abatement result that is modeled, wherein transboundary concerns negates the need for absolute cooperation, as seen in the generated Nash equilibrium.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1998
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