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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Autores principales: Bárcena-Ruiz,Juan Carlos, Dong,Quan, Garzón,María Bergoña
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2019
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862019000200173
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spelling 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
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AT dongquan privatizationandenvironmentalpolicyinamixedoligopoly
AT garzonmariabergona privatizationandenvironmentalpolicyinamixedoligopoly
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