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Is emission intensity or output U-shaped in the strictness of environmental policy? (2017)
Journal Article
Dijkstra, B. R., & Gil-Moltó, M. J. (in press). Is emission intensity or output U-shaped in the strictness of environmental policy?. Journal of Public Economic Theory, https://doi.org/10.1111/jpet.12277

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
D'Amato, A., & Dijkstra, B. (in press). Adoption incentives and environmental policy timing under asymmetric information and strategic firm behaviour. Environmental Economics and Policy Studies, https://doi.org/10.1007/s10018-017-0187-4

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.