Can privatization be a catalyst for environmental R&D and result in a cleaner environment?

Tsung Hsiu Tsai, Chia Chi Wang, Jiunn Rong Chiou

研究成果: 雜誌貢獻期刊論文同行評審

37 引文 斯高帕斯(Scopus)

摘要

In this paper we explore whether privatization helps to catalyze a firm's environmental research and development (ER&D) and improve environmental quality. By defining ER&D as the effort undertaken by a firm to reduce its pollution per unit of output, we find in a duopoly framework that privatization cannot catalyze both public and private firms' ER&D efforts simultaneously; it can increase one but decrease the other firm's investment, or it may even lower both firms' ER&D investments. Moreover, when production causes severe environmental damage, or the imposition of environmental taxes poorly internalize the pollution externality, privatization may result in a poorer environment. For the sake of having a cleaner environment, policy-makers can impose higher environmental taxes on a highly polluting industry when it is being privatized.

原文???core.languages.en_GB???
頁(從 - 到)1-13
頁數13
期刊Resource and Energy Economics
43
DOIs
出版狀態已出版 - 1 2月 2016

指紋

深入研究「Can privatization be a catalyst for environmental R&D and result in a cleaner environment?」主題。共同形成了獨特的指紋。

引用此