Privatization and environmental policy in a mixed oligopoly
Abstract: This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not priva...
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Universidad de Chile. Departamento de Economía
2019
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oai:scielo:S0718-528620190002001732020-01-07Privatization and environmental policy in a mixed oligopolyBárcena-Ruiz,Juan CarlosDong,QuanGarzón,María Bergoña Environmental tax emission standard mixed oligopoly privatization Abstract: This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong the government privatizes the public firm and is indifferent between a tax and a standard.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.46 n.2 20192019-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862019000200173en10.4067/S0718-52862019000200173 |
institution |
Scielo Chile |
collection |
Scielo Chile |
language |
English |
topic |
Environmental tax emission standard mixed oligopoly privatization |
spellingShingle |
Environmental tax emission standard mixed oligopoly privatization Bárcena-Ruiz,Juan Carlos Dong,Quan Garzón,María Bergoña Privatization and environmental policy in a mixed oligopoly |
description |
Abstract: This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong the government privatizes the public firm and is indifferent between a tax and a standard. |
author |
Bárcena-Ruiz,Juan Carlos Dong,Quan Garzón,María Bergoña |
author_facet |
Bárcena-Ruiz,Juan Carlos Dong,Quan Garzón,María Bergoña |
author_sort |
Bárcena-Ruiz,Juan Carlos |
title |
Privatization and environmental policy in a mixed oligopoly |
title_short |
Privatization and environmental policy in a mixed oligopoly |
title_full |
Privatization and environmental policy in a mixed oligopoly |
title_fullStr |
Privatization and environmental policy in a mixed oligopoly |
title_full_unstemmed |
Privatization and environmental policy in a mixed oligopoly |
title_sort |
privatization and environmental policy in a mixed oligopoly |
publisher |
Universidad de Chile. Departamento de Economía |
publishDate |
2019 |
url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862019000200173 |
work_keys_str_mv |
AT barcenaruizjuancarlos privatizationandenvironmentalpolicyinamixedoligopoly AT dongquan privatizationandenvironmentalpolicyinamixedoligopoly AT garzonmariabergona privatizationandenvironmentalpolicyinamixedoligopoly |
_version_ |
1714205053895573504 |