Jump to ContentJump to Main Navigation
Behavioral and Distributional Effects of Environmental Policy$
Users without a subscription are not able to see the full content.

Carlo Carraro and Gilbert E. Metcalf

Print publication date: 2000

Print ISBN-13: 9780226094816

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226094809.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 04 June 2020

Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility

Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility

Chapter:
(p.281) 9 Environmental Policy and Firm Behavior: Abatement Investment and Location Decisions under Uncertainty and Irreversibility
Source:
Behavioral and Distributional Effects of Environmental Policy
Author(s):

Anastasios Xepapadeas

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226094809.003.0010

A firm's response to changes in environmental policy is an issue that has drawn considerable attention in the environmental economics literature. Questions that usually arise when environmental policy is introduced or changed are primarily associated with how firms react regarding their choices of investment in productive or abatement capital, the mix of relatively more or less polluting inputs, the choice of labor input or the decisions about research and development expenses, or what kind of decisions firms make regarding location choices. This chapter explores the behavior of polluting firms regarding expansion of abatement capital and location decisions in the presence of environmental policy. Environmental policy takes the form of emissions taxes or tradable emissions permits, as well as subsidies for the costs of expanding abatement capital. The chapter emphasizes firm behavior under uncertainty and irreversibility.

Keywords:   environmental policy, firm behavior, abatement capital, location decisions, emissions taxes, emissions permits, subsidies

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.