Environmental R&D Risk Choices and Environmental Policies in a Mixed Duopoly.
This paper investigates how environmental policies—emission tax and emission standard—affect the optimal environmental R&D (ER&D) risk choices of firms in a mixed market. The results show that for the private firm, ER&D risk is lower (higher) under the emission tax than under the emission standard w...
| Publicado en: | American Journal of Economics & Sociology Vol. 84; no. 5; pp. 671 - 683 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Nov2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=189104327&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 189104327 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00029246 AES jtl: American Journal of Economics & Sociology issn: 00029246 maglogo: Y pubinfo: dt: Nov2025 vid: 84 iid: 5 pid: 480 pub: Wiley-Blackwell artinfo: ui: 189104327 10.1111/ajes.12624 ppf: 671 ppct: 12 formats: fmt: – @attributes: type: T – @attributes: type: P size: 964KB tig: atl: Environmental R&D Risk Choices and Environmental Policies in a Mixed Duopoly. aug: au: Zhang, Weiwei Li, Hui Li, Dongdong affil: School of Public Policy and Administration, Northwestern Polytechnical University, Xi'an Shaanxi, , China su: Environmental policy Privatization Environmental responsibility Emission standards Duopolies Environmental risk assessment Environmental research Carbon pricing sug: subj: Environmental policy Privatization Environmental responsibility Administration of Air and Water Resource and Solid Waste Management Programs Other provincial and territorial public administration Emission standards Duopolies Environmental risk assessment Environmental research Carbon pricing keyword: emission standard emission tax Environmental R&D risk mixed duopoly emission standard emission tax Environmental R&D risk mixed duopoly ab: This paper investigates how environmental policies—emission tax and emission standard—affect the optimal environmental R&D (ER&D) risk choices of firms in a mixed market. The results show that for the private firm, ER&D risk is lower (higher) under the emission tax than under the emission standard when consumer environmental awareness is low (high). For the public firm, ER&D risk is always higher under the emission tax than under the emission standard. We also show that a privatization policy always decreases the ER&D risk of the public firm but is likely to increase the ER&D risk of the private firm. Finally, we find that the private firm faces considerable welfare risk when consumer environmental awareness is high under the emission tax. However, the private firm's incentive for ER&D risk is always lower than the social incentive under the emission standard. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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