Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
985861 | Resource and Energy Economics | 2009 | 9 Pages |
Abstract
Constructing a model of polluting oligopoly with product differentiation, we consider how product differentiation, together with the presence and absence of free entry, affects optimal pollution tax/subsidy policies. The sign of the short- and long-run optimal pollution taxes are highly sensitive to the parameter measuring product differentiation as well as the presence of free entry. How they are affected by a change in product differentiation, which is not addressed in the existing literature, is also made clear.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Kenji Fujiwara,