Harmonizing tailpipe policy in symmetric countries: Improve the environment, improve welfare? [An article from: Journal of Environmental Economics and Management]
Harmonizing tailpipe policy in symmetric countries: Improve the environment, improve welfare? [An article from: Journal of Environmental Economics and Management]

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This digital document is a journal article from Journal of Environmental Economics and Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.Description: We explore the possibility that firms and regulators achieve cooperative agreements in environmental regulation. We show that it is possible that firms choose cleaner technologies in exchange for reductions of the fines for non-compliance with environmental standards. Interestingly, the likelihood of achieving these agreements depends negatively on the monitoring costs, positively on the external damages, and non-monotonically on the differences among the eligible technologies and the maximum sanctions for violating the standards.

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  • Released: November 16, 2020
  • Author: C. McAusland
  • Rating: 4,9
  • Publisher: Ebook DIgital Agency
  • Total Page: 937 pages
  • File Size: 3670 KB
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