Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 Abatement R&D, market imperfections, and environmental policy in an endogenous growth model
作者 賴景昌
Chu, Hsun
Lai, Ching-chong
貢獻者 經濟學系
關鍵詞 Private abatement R&D; Market imperfections; Endogenous growth
日期 2014-04
上傳時間 15-Aug-2017 17:01:59 (UTC+8)
摘要 We develop an endogenous growth model featuring environmental externalities, abatement R&D, and market imperfections. We compare the economic performances under three distinct regimes that encompass public abatement, private abatement without tax recycling, and private abatement with tax recycling. It is found that the benefit arising from private abatement will be larger if the degree of the firms` monopoly power is greater. With a reasonably high degree of monopoly power, a mixed abatement policy by which the government recycles environmental tax revenues to subsidize the private abatement R&D is a plausible way of reaching the highest growth rate and welfare. © 2014 Elsevier B.V.
關聯 Journal of Economic Dynamics and Control, 41, 20-37
資料類型 article
DOI http://dx.doi.org/10.1016/j.jedc.2014.02.011
dc.contributor 經濟學系zh_Tw
dc.creator (作者) 賴景昌zh_TW
dc.creator (作者) Chu, Hsunen_US
dc.creator (作者) Lai, Ching-chongen_US
dc.date (日期) 2014-04en_US
dc.date.accessioned 15-Aug-2017 17:01:59 (UTC+8)-
dc.date.available 15-Aug-2017 17:01:59 (UTC+8)-
dc.date.issued (上傳時間) 15-Aug-2017 17:01:59 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/111963-
dc.description.abstract (摘要) We develop an endogenous growth model featuring environmental externalities, abatement R&D, and market imperfections. We compare the economic performances under three distinct regimes that encompass public abatement, private abatement without tax recycling, and private abatement with tax recycling. It is found that the benefit arising from private abatement will be larger if the degree of the firms` monopoly power is greater. With a reasonably high degree of monopoly power, a mixed abatement policy by which the government recycles environmental tax revenues to subsidize the private abatement R&D is a plausible way of reaching the highest growth rate and welfare. © 2014 Elsevier B.V.en_US
dc.format.extent 1197555 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Economic Dynamics and Control, 41, 20-37en_US
dc.subject (關鍵詞) Private abatement R&D; Market imperfections; Endogenous growthen_US
dc.title (題名) Abatement R&D, market imperfections, and environmental policy in an endogenous growth modelen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.jedc.2014.02.011
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.jedc.2014.02.011