메뉴 건너뛰기




Volumn 49, Issue 2, 2012, Pages 371-409

Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information

Author keywords

Asymmetric information; Choice of instruments; Investment; Pollution control; Rational expectations

Indexed keywords


EID: 84856001460     PISSN: 09382259     EISSN: 14320479     Source Type: Journal    
DOI: 10.1007/s00199-010-0561-y     Document Type: Article
Times cited : (55)

References (61)
  • 1
    • 0036790097 scopus 로고    scopus 로고
    • Investment subsidies and time-consistent environmental policy
    • Abrego L., Perroni C.: Investment subsidies and time-consistent environmental policy. Oxf Econ Pap 54, 617-635 (2002).
    • (2002) Oxf Econ Pap , vol.54 , pp. 617-635
    • Abrego, L.1    Perroni, C.2
  • 2
  • 6
    • 84855991336 scopus 로고    scopus 로고
    • Carbon leakages: A general equilibrium view
    • Burniaux, J.-M., Martins, J.: Carbon leakages: a general equilibrium view. Econ Theory (2011).
    • (2011) Econ Theory
    • Burniaux, J.-M.1    Martins, J.2
  • 7
    • 84856014681 scopus 로고    scopus 로고
    • Sustainable markets with short sales
    • Chichilnisky, G.: Sustainable markets with short sales. Econ Theory (2011).
    • (2011) Econ Theory
    • Chichilnisky, G.1
  • 9
    • 84856002680 scopus 로고    scopus 로고
    • Detrimental externalities, pollution rights, and the Coase Theorem
    • Chipman, J., Tian, G.: Detrimental externalities, pollution rights, and the Coase Theorem. Econ Theory (2011).
    • (2011) Tian, G
    • Chipman, J.1
  • 10
    • 0030268942 scopus 로고    scopus 로고
    • Tax reforms and investment: a cross-country comparison
    • Cummins J., Hassett K., Hubbard R.: Tax reforms and investment: a cross-country comparison. J Publ Econ 62(1-2), 237-273 (1996).
    • (1996) J Publ Econ , vol.62 , Issue.1-2 , pp. 237-273
    • Cummins, J.1    Hassett, K.2    Hubbard, R.3
  • 11
    • 43149087319 scopus 로고    scopus 로고
    • Why economic analysis supports strong action on climate change
    • Dietz S., Stern N.: Why economic analysis supports strong action on climate change. Rev Environ Econ Policy 2, 94-113 (2007).
    • (2007) Rev Environ Econ Policy , vol.2 , pp. 94-113
    • Dietz, S.1    Stern, N.2
  • 12
    • 84856002676 scopus 로고    scopus 로고
    • Capital growth in a global warming model: Will China and India sign a climate treaty?
    • Dutta, P., Radner, R.: Capital growth in a global warming model: will China and India sign a climate treaty? Econ Theory (2011).
    • (2011) Econ Theory
    • Dutta, P.1    Radner, R.2
  • 13
    • 84927040101 scopus 로고    scopus 로고
    • The EU emissions trading scheme: a prototype global system?
    • J. Aldy and R. Stavins (Eds.), Cambridge: Cambridge University Press
    • Ellerman D.: The EU emissions trading scheme: a prototype global system?. In: Aldy, J., Stavins, R. (eds) Post-Kyoto International Climate Policy., pp. 88-118. Cambridge University Press, Cambridge (2010).
    • (2010) Post-Kyoto International Climate Policy , pp. 88-118
    • Ellerman, D.1
  • 14
    • 84856009184 scopus 로고    scopus 로고
    • Sustainable exploitation of a natural resource: A satisfying use of Chichilnisky's criterion
    • Figuieres, C., Tidball, M.: Sustainable exploitation of a natural resource: a satisfying use of Chichilnisky's criterion. Econ Theory (2011).
    • (2011) Econ Theory
    • Figuieres, C.1    Tidball, M.2
  • 15
    • 0037994195 scopus 로고    scopus 로고
    • Instrument choice for environmental protection when technological innovation is endogenous
    • Fischer C., Parry I., Pizer W.: Instrument choice for environmental protection when technological innovation is endogenous. J Environ Econ Manage 45, 523-545 (2003).
    • (2003) J Environ Econ Manage , vol.45 , pp. 523-545
    • Fischer, C.1    Parry, I.2    Pizer, W.3
  • 16
    • 0032876306 scopus 로고    scopus 로고
    • Markets and regulatory hold-up problems
    • Gersbach H., Glazer A.: Markets and regulatory hold-up problems. J Environ Econ Manage 37, 151-164 (1999).
    • (1999) J Environ Econ Manage , vol.37 , pp. 151-164
    • Gersbach, H.1    Glazer, A.2
  • 18
    • 0033979579 scopus 로고    scopus 로고
    • 2 abatement in the presence of induced technological
    • 2 abatement in the presence of induced technological. J Environ Econ Manage 39(1), 1-38 (2000).
    • (2000) J Environ Econ Manage , vol.39 , Issue.1 , pp. 1-38
    • Goulder, L.H.1    Mathai, K.2
  • 19
    • 0002032963 scopus 로고    scopus 로고
    • Taxes and quotas for a stock pollutant with multiplicative uncertainty
    • Hoel M., Karp L.: Taxes and quotas for a stock pollutant with multiplicative uncertainty. J Publ Econ 82, 91-114 (2001).
    • (2001) J Publ Econ , vol.82 , pp. 91-114
    • Hoel, M.1    Karp, L.2
  • 20
    • 0036856198 scopus 로고    scopus 로고
    • Taxes versus quotas for a stock pollutant
    • Hoel M., Karp L.: Taxes versus quotas for a stock pollutant. Resource Energy Econ 24, 367-384 (2002).
    • (2002) Resource Energy Econ , vol.24 , pp. 367-384
    • Hoel, M.1    Karp, L.2
  • 21
    • 0003489339 scopus 로고    scopus 로고
    • Intergovernmental Panel on Climate Change In: Houghton, J. T., Filho, L. G. Meira, Callander, B. A., Harris, N., Kattenberg, A., Maskell, K. (eds.), IPCC, Cambridge
    • Intergovernmental Panel on Climate Change In: Houghton, J. T., Filho, L. G. Meira, Callander, B. A., Harris, N., Kattenberg, A., Maskell, K. (eds.) Climate Change 1995: The Science of Climate Change. IPCC, Cambridge (1996).
    • (1996) Climate Change 1995: The Science of Climate Change
  • 22
    • 34247370602 scopus 로고    scopus 로고
    • Intergovernmental Panel on Climate Change
    • Intergovernmental Panel on Climate Change: Climate change 2007 (2007). http://www. ipcc. ch/SPM040507. pdf.
    • (2007) Climate Change 2007
  • 23
    • 0003676925 scopus 로고    scopus 로고
    • International Monetary Fund, Washington, DC: International Monetary Fund (IMF)
    • International Monetary Fund: World Economic Outlook. International Monetary Fund (IMF), Washington, DC (1999).
    • (1999) World Economic Outlook
  • 24
    • 66149177015 scopus 로고    scopus 로고
    • Technological change and the environment
    • K.-G. Maler and J. Vincent (Eds.), Amsterdam: North-Holland
    • Jaffe A., Newell R., Stavins R.: Technological change and the environment. In: Maler, K.-G., Vincent, J. (eds) Handbook of Environmental Economics, vol. 1, pp. 461-516. North-Holland, Amsterdam (2003).
    • (2003) Handbook of Environmental Economics , vol.1 , pp. 461-516
    • Jaffe, A.1    Newell, R.2    Stavins, R.3
  • 27
    • 0142215470 scopus 로고    scopus 로고
    • Time consistent policies
    • Karp L., Lee I. H.: Time consistent policies. J Econ Theory 112(2), 353-364 (2003).
    • (2003) J Econ Theory , vol.112 , Issue.2 , pp. 353-364
    • Karp, L.1    Lee, I.H.2
  • 28
    • 25444533288 scopus 로고    scopus 로고
    • Regulation of a stock pollution with correlated abatement cost
    • Karp L., Zhang J.: Regulation of a stock pollution with correlated abatement cost. Environ Resource Econ 32, 273-300 (2005).
    • (2005) Environ Resource Econ , vol.32 , pp. 273-300
    • Karp, L.1    Zhang, J.2
  • 29
    • 33646092768 scopus 로고    scopus 로고
    • Regulation with anticipated learning about environmental damage
    • Karp L., Zhang J.: Regulation with anticipated learning about environmental damage. J Environ Econ Manage 51, 259-280 (2006).
    • (2006) J Environ Econ Manage , vol.51 , pp. 259-280
    • Karp, L.1    Zhang, J.2
  • 30
    • 0003412079 scopus 로고    scopus 로고
    • 2 Records from sites in the SIO air sampling network
    • Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee
    • Keeling, C., Whorf, T.: Atmospheric CO2 Records from sites in the SIO air sampling network. In: Trends: A Compendium of Data on Global Change Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee (1999).
    • (1999) Trends: A Compendium of Data On Global Change
    • Keeling, C.1    Whorf, T.2
  • 31
    • 0007235747 scopus 로고    scopus 로고
    • Environmental policy and time consistency: emission taxes and emission trading
    • E. Petrakis, E. Sartzetakis, and A. Xepapadeas (Eds.), Cheltenham: Edward Elgar
    • Kennedy P., Laplante B.: Environmental policy and time consistency: emission taxes and emission trading. In: Petrakis, E., Sartzetakis, E., Xepapadeas, A. (eds) Environmental Regulation and Market Power, pp. 116-144. Edward Elgar, Cheltenham (1999).
    • (1999) Environmental Regulation and Market Power , pp. 116-144
    • Kennedy, P.1    Laplante, B.2
  • 32
    • 84856018382 scopus 로고    scopus 로고
    • Intergenerational equity, efficiency and constructibility
    • Lauwers, L.: Intergenerational equity, efficiency and constructibility. Econ Theory (2011).
    • (2011) Econ Theory
    • Lauwers, L.1
  • 33
    • 84855987820 scopus 로고    scopus 로고
    • Unspoken ethical issues in the climate affair: Insights from a theoretical analysis of negotiation mandates
    • Lecocq, F., Hourcade, J.-C.: Unspoken ethical issues in the climate affair: insights from a theoretical analysis of negotiation mandates. Econ Theory (2011).
    • (2011) Econ Theory
    • Lecocq, F.1    Hourcade, J.-C.2
  • 34
    • 0024497653 scopus 로고
    • Emission credit trading and the incentive to adopt new pollution abatement technology
    • Malueg D.: Emission credit trading and the incentive to adopt new pollution abatement technology. J Environ Econ Manage 16, 52-57 (1989).
    • (1989) J Environ Econ Manage , vol.16 , pp. 52-57
    • Malueg, D.1
  • 36
    • 0003847454 scopus 로고    scopus 로고
    • Working Paper ECO No. 98/37, European University Institute, Florence, Badia Fiesolana, Economics Department
    • Marcet A., Marimon R. (1998) Recursive contracts. Working Paper ECO No. 98/37, European University Institute, Florence, Badia Fiesolana, Economics Department.
    • (1998) Recursive Contracts
    • Marcet, A.1    Marimon, R.2
  • 37
    • 0003207299 scopus 로고    scopus 로고
    • 2 Emissions
    • Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee
    • Marland, G., Boden, T., Andres, R., Brenkert, A., Johnston, C.: Global, Regional, and National CO2 Emissions. In: Trends: A Compendium of Data on Global Change. Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee (1999).
    • (1999) Trends: A Compendium of Data On Global Change
    • Marland, G.1    Boden, T.2    Andres, R.3    Brenkert, A.4    Johnston, C.5
  • 38
    • 0034029643 scopus 로고    scopus 로고
    • Time inconsistency in environmental policy: tax earmarking as a commitement solution
    • Marsiliani L., Renstrom T.: Time inconsistency in environmental policy: tax earmarking as a commitement solution. Econ J 110, C123-C128 (2002).
    • (2002) Econ J , vol.110
    • Marsiliani, L.1    Renstrom, T.2
  • 39
    • 45349110189 scopus 로고
    • Firm incentives to promote technologicalchange in pollution control
    • Milliman S., Prince R.: Firm incentives to promote technologicalchange in pollution control. J Environ Econ Manage 17, 247-265 (1989).
    • (1989) J Environ Econ Manage , vol.17 , pp. 247-265
    • Milliman, S.1    Prince, R.2
  • 41
    • 0037356426 scopus 로고    scopus 로고
    • Dynamic environmental policy with strategic firms: prices vs. quantities
    • Moledina A., Polasky S., Coggins J., Costello C.: Dynamic environmental policy with strategic firms: prices vs. quantities. J Environ Econ Manage 45, 356-376 (2003).
    • (2003) J Environ Econ Manage , vol.45 , pp. 356-376
    • Moledina, A.1    Polasky, S.2    Coggins, J.3    Costello, C.4
  • 42
    • 0036651510 scopus 로고    scopus 로고
    • Permits, standards, and technology innovation
    • Montero J.: Permits, standards, and technology innovation. J Environ Econ Manage 44, 23-44 (2002).
    • (2002) J Environ Econ Manage , vol.44 , pp. 23-44
    • Montero, J.1
  • 43
    • 0003628092 scopus 로고    scopus 로고
    • Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee
    • 2 record from the siple station ice core. In: Trends: A Compendium of Data on Global Change. Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, U. S. Department of Energy, Oak Ridge, Tennessee (1999).
    • (1999) Trends: A Compendium of Data On Global Change
    • Neftel, A.1
  • 44
    • 0037355552 scopus 로고    scopus 로고
    • Regulating stock externalitiues under uncertainty
    • Newell R., Pizer W.: Regulating stock externalitiues under uncertainty. J Environ Econ Manage 45, 416-432 (2003).
    • (2003) J Environ Econ Manage , vol.45 , pp. 416-432
    • Newell, R.1    Pizer, W.2
  • 46
    • 0028003405 scopus 로고    scopus 로고
    • Expert opinion on climate change
    • Nordhaus, W. D.: Expert opinion on climate change. Am Sci 82, 45-51.
    • Am Sci , vol.82 , pp. 45-51
    • Nordhaus, W.D.1
  • 47
    • 84855998360 scopus 로고    scopus 로고
    • Presented at the IIASA Workshop on Induced Technological Change and the Environment, Luxenburg
    • Norhaus, W.: Modeling induced innovation in climate-change policy. Presented at the IIASA Workshop on Induced Technological Change and the Environment, Luxenburg (1999).
    • (1999) Modeling Induced Innovation In Climate-change Policy
    • Norhaus, W.1
  • 48
    • 84855995144 scopus 로고    scopus 로고
    • Nested externalities and polycnetric institutions: Must we wait for global solutions to climate change before taking actions at other scales?
    • Ostrom, E.: Nested externalities and polycnetric institutions: must we wait for global solutions to climate change before taking actions at other scales? Econ Theory (2011).
    • (2011) Econ Theory
    • Ostrom, E.1
  • 49
    • 0033180485 scopus 로고    scopus 로고
    • The optimal choice of climate change policy in the presence of uncertainty
    • Pizer W.: The optimal choice of climate change policy in the presence of uncertainty. Resour Energy Econ 21(3-4), 255-287 (1999).
    • (1999) Resour Energy Econ , vol.21 , Issue.3-4 , pp. 255-287
    • Pizer, W.1
  • 50
    • 0036314604 scopus 로고    scopus 로고
    • Combining price and quantity controls to mitigate global climate change
    • Pizer W.: Combining price and quantity controls to mitigate global climate change. J Publ Econ 85, 409-434 (2002).
    • (2002) J Publ Econ , vol.85 , pp. 409-434
    • Pizer, W.1
  • 51
    • 0031993208 scopus 로고    scopus 로고
    • Incentives to innovate under emissions taxes and tradeable permits
    • Requate T.: Incentives to innovate under emissions taxes and tradeable permits. Eur J Polit Econ 14, 139-165 (1998).
    • (1998) Eur J Polit Econ , vol.14 , pp. 139-165
    • Requate, T.1
  • 52
    • 22444449153 scopus 로고    scopus 로고
    • Dynamic incentives by environmental policy instruments
    • Requate T.: Dynamic incentives by environmental policy instruments. Ecol Econ 54, 175-195 (2005).
    • (2005) Ecol Econ , vol.54 , pp. 175-195
    • Requate, T.1
  • 53
    • 0037305696 scopus 로고    scopus 로고
    • Environmental policy incentives to adopt advanced abatement technology: will the true ranking please stand up?
    • Requate T., Unold W.: Environmental policy incentives to adopt advanced abatement technology: will the true ranking please stand up?. Eur Econ Rev 47, 125-146 (2003).
    • (2003) Eur Econ Rev , vol.47 , pp. 125-146
    • Requate, T.1    Unold, W.2
  • 54
    • 84856009224 scopus 로고    scopus 로고
    • Global warming and economic externalities
    • Rezai, A., Foley, D., Taylor, L.: Global warming and economic externalities. Econ Theory (2011).
    • (2011) Econ Theory
    • Rezai, A.1    Foley, D.2    Taylor, L.3
  • 57
    • 27544475042 scopus 로고    scopus 로고
    • Environmental regulation with technology adoption, learning and strategic behavior
    • Tarui N., Polasky S.: Environmental regulation with technology adoption, learning and strategic behavior. J Environ Econ Manage 50, 447-467 (2005).
    • (2005) J Environ Econ Manage , vol.50 , pp. 447-467
    • Tarui, N.1    Polasky, S.2
  • 59
    • 0002539573 scopus 로고
    • Pollution abatement and control expenditures
    • Vogan C.: Pollution abatement and control expenditures. Surv Curr Bus 76, 48-67 (1991).
    • (1991) Surv Curr Bus , vol.76 , pp. 48-67
    • Vogan, C.1
  • 60
    • 84959805745 scopus 로고
    • Prices versus quantities
    • Weitzman M.: Prices versus quantities. Rev Econ Stud 41(4), 477-491 (1974).
    • (1974) Rev Econ Stud , vol.41 , Issue.4 , pp. 477-491
    • Weitzman, M.1
  • 61
    • 0040063799 scopus 로고    scopus 로고
    • On time consistency: a technical issue in stackelberg differential games
    • Xie D.: On time consistency: a technical issue in stackelberg differential games. J Econ Theory 76, 412-430 (1997).
    • (1997) J Econ Theory , vol.76 , pp. 412-430
    • Xie, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.