About polluting eco-industries
Optimal provision of abatement goods and Pigouvian fees
Bibliographic Data
| ID | 19087177 |
|---|---|
| Authors | Damien Sans (Aix-Marseille Université, corresponding author), Sonia Schwartz (0000-0002-1528-200X, Professor in Economics, Centre d'Etudes et de Recherches sur le Développement International, Université d’Auvergne), Hubert Stahn (0000-0002-9564-5404, Aix-Marseille Université) |
| Year | 2017 |
| Volume | 8 |
| Issue | 3 |
| Pages | 46-61 |
| Publication date | 2017-09-11 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environmental Economics (JOURNAL) |
| Journal identifiers | ISSN: 1998-6041 • E-ISSN: 1998-605X |
| Publisher | Business Perspectives (PUBLISHER • UA) |
| DOI | 10.21511/ee.08(3).2017.05 |
| OpenAlex | W2167367314 |
| Language | EN |
| References cited | 19 |
In this article, the authors introduce a polluting eco-industry. Depending on the level of damage, there are two optimal equilibria. If the damage is low, one generalizes the usual results of the economic literature to the polluting eco-industry: the dirty firm partially abates their emissions, only efficient eco-industry firms produce and the abatement level increases with the damage. However, very specific results are obtained if the damage is high. In this case, not all efficient eco-industry firms produce. The abatement level and the number of active eco-industry firms both decrease as the damage increases. The authors finally show that a well-designed Pigouvian tax implements these equilibria in a competitive economy
Business · Economics · Environmental regulation · Industrial organization · Microeconomics · Natural resource economics · Climate Change Policy and Economics · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth
| Citation velocity | historical |
|---|---|
| Highly cited | No |