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政大機構典藏 > 社會科學學院 > 財政學系 > 期刊論文 > Item 140.119/129509

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題名:	Environmental policy competition and heterogeneous capital endowments
作者:	賴育邦 Lai, Yu-Bong
貢獻者:	財政系
關鍵詞:	Environmental scarcity rents;Interjurisdictional competition;International trade;Mobile capital;Monopolistic competition
日期:	2019-03
上傳時間:	2020-04-27 16:00:37 (UTC+8)
摘要:	In a model with monopolistic competition, international trade, and mobile capital, this paper aims to investigate the relationship between two countries with different capital endowments in terms of environmental regulations. The conventional result is that the capital-abundant country will charge a higher tax rate than the capital-scarce country. This present paper, however, finds that the opposite result may occur. Another feature of this paper is that governments strategically use the distribution of environmental rents as a tool to attract capital inflows. We show that in the absence of capital mobility, the two countries will distribute all of the pollution tax revenues to the general public. The presence of capital mobility induces the governments to allocate some or all of the environmental rents to the polluting firms to attract capital inflows. The capital-abundant country has a stronger incentive to allocate rents to the firms than the capital-scarce country. We also consider the case with global pollution, in which both countries tend to set less stringent regulations.
關聯:	Regional Science and Urban Economics, Vol.Volume 75, pp.107-119
資料類型:	article
DOI 連結:	https://doi.org/10.1016/j.regsciurbeco.2019.01.011
DOI:	10.1016/j.regsciurbeco.2019.01.011
顯示於類別:	[財政學系] 期刊論文

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