Taxe environnementale et approche volontaire en oligopole de Cournot
AbstractThis paper compares, in a polluting oligopoly, an emission tax and a form of environmental policy called voluntary agreement (va). The output contraction resulting from the tax amplifies the distortion due to imperfect competition making the tax sub-optimal. The va studied here is a take-it-or-leave-it contract on pollution treatment effort offered to the firms with the threat of a tax. This form of va is only based on end-of-pipe pollution treatment and therefore has a limited effect on output. We derive a necessary and sufficient condition under which the va is more efficient than the tax. It will be satisfied for concentrated industries and for a form of pollution not too harmful and easy to treat.Classification JEL : D62, H23, L13, L51, Q28.
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 54 (2003)
Issue (Month): 3 ()
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Find related papers by JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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