文章基本信息

标题：Equilibrium Environmental Taxes on Intermediate-Good Production When Markets are Vertically Related in Open Economies
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作者：Lee, Ki-Dong
期刊名称：Hitotsubashi Journal of Economics
印刷版ISSN：0018-280X
出版年度：2007
卷号：48
期号：1
出版社：Maruzen Company Ltd
摘要：The purpose of this research is to examine strategic incentives to distort the use of pollution taxes on intermediate-good production in a successively oligopoly model where both intermediate-good and final-good trade exist. Since the rent capture e#ects of the pollution tax, which depends on the trans-boundary externality(a), operate in opposite directions in the upstream and downstream sectors, the non-cooperative pollution tax level can be stricter or laxer than the cooperative tax level in accordance with the magnitude of the trans-boundary externality(a). If a is relatively small (resp. large), then the non-cooperative pollution tax is necessarily over-corrected (resp. under-corrected) in terms of world welfare. Moreover we also investigate the e#ect of trade liberalization on the equilibrium pollution tax.
关键词：vertically related market, pollution tax on the intermediate-good, trans-boundary pollution, rent capture