All Outputs (9)

Payments from Households to Distant Polluting Firms (2022)
Journal Article

We investigate a novel way to encourage separation between firms, causing local pollution, and their victims (households): payments from households to distant polluting firms. These payments do not require monitoring of firms’ emissions or their abat... Read More about Payments from Households to Distant Polluting Firms.

Pareto-Efficient Solutions for Shared Public Good Provision: Nash Bargaining versus Exchange-Matching-Lindahl (2020)
Journal Article

We compare two cooperation mechanisms for consumer/producers of a public good: the Nash Bargaining Solution (NBS) and the Exchange-Matching-Lindahl (EML) solution, where each agent specifies her demand for and supply of the public good according to h... Read More about Pareto-Efficient Solutions for Shared Public Good Provision: Nash Bargaining versus Exchange-Matching-Lindahl.

Is emission intensity or output U-shaped in the strictness of environmental policy? (2017)
Journal Article

We show that, in a range of market conditions, an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. We consider an integrated technology, where firms can reduce th... Read More about Is emission intensity or output U-shaped in the strictness of environmental policy?.

Adoption incentives and environmental policy timing under asymmetric information and strategic firm behaviour (2017)
Journal Article

We consider the incentives of a single firm to invest in a cleaner technology under emission quotas and emission taxation. We assume asymmetric information about the firm's cost of employing the new technology. Policy is set either before the firm in... Read More about Adoption incentives and environmental policy timing under asymmetric information and strategic firm behaviour.

Liberalizing trade in environmental goods and services (2015)
Journal Article

We examine the effects of trade liberalization in environmental goods in a model with one domestic downstream polluting firm and two upstream firms (one domestic, one foreign). The upstream firms offer their technologies to the downstream firm at a f... Read More about Liberalizing trade in environmental goods and services.

Technology choice and environmental regulation under asymmetric information (2015)
Journal Article

We focus on the incentives of an industry with a continuum of small firms to invest in a cleaner technology under two environmental policy instruments: tradable emission permits and emission taxation. We assume asymmetric information, in that the fir... Read More about Technology choice and environmental regulation under asymmetric information.

Privatization in the presence of foreign competition and strategic policies (2014)
Journal Article

Recent evidence shows that developing and transition economies are increasingly privatizing their public firms and also experiencing rapid growth of inward foreign direct investment (FDI). In an international mixed oligopoly with strategic tax/subsid... Read More about Privatization in the presence of foreign competition and strategic policies.

Sectoral and regional expansion of emissions trading (2014)
Journal Article

We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for individual countries. We simulate internation... Read More about Sectoral and regional expansion of emissions trading.

On Emissions Trading and Market Structure: Cap-and-Trade versus Intensity Standards (2013)
Journal Article

This paper examines the interdependence between imperfect competition and emissions trading. We particularly analyze the long run equilibrium in a two-sector ('clean' and 'dirty') model with Cournot competition among firms who face a fixed cost of pr... Read More about On Emissions Trading and Market Structure: Cap-and-Trade versus Intensity Standards.