Emission Quota versus Emission Tax in a Mixed Duopoly with Foreign Ownership
作者： Leonard F. S. Wang , Kazuhiko Kato
DOI:
关键词: Mixed duopoly 、 Monetary economics 、 Private sector 、 Government 、 Market economy 、 Tax revenue 、 Business 、 Emission tax 、 Welfare 、 Foreign ownership
摘要: The paper compares welfare under an emission tax with that quota in a mixed duopoly where private firm is partly owned by foreign investors. It shows more (less) improving than when the investors’ share high (low). We note government chooses such level it cannot earn revenue from equilibrium.
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