Competitive dominance of emission trading over Pigouvian taxation in a globalized economy

被引：9
|
作者：
Sim, Seung-Gyu [1 ]
Lin, Hsuan-Chih [2 ]
机构：
[1] Univ Wisconsin, 1180 Observ Dr 7313, Madison, WI 53706 USA
[2] Acad Sinica, Inst Econ, 128 Acad Rd,Sect 2, Taipei 115, Taiwan
来源：
ECONOMICS LETTERS | 2018年 / 163卷
关键词：
Emission trading scheme; Pigouvian taxation; International trade; Cross-border pollution;
D O I：
10.1016/j.econlet.2017.12.015
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the welfare implication of adopting a Pigouvian taxation scheme or emission scheme. In a globalized economy with international trade and cross-border pollution, we adopting the latter is the strict dominant strategy of each country, and global welfare is all countries adopt the latter, because emission trading incentivizes the other country to vironmental regulation without concern for excessive shrinkage of domestic production and of cross-border pollution. (C) 2017 Elsevier B.V. All rights reserved.
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页码：158 / 161
页数：4
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