Investment subsidies and time-consistent environmental policy
نویسندگان
چکیده
منابع مشابه
Environmental Concerns, Environmental Policy and Green Investment
Environmental regulators often use environmental policy to induce green investment by firms. However, if an environmental policy fails to exert a long-run effect on regulating the economic agents' behavior, it may be more reasonable to think of the firm as the leader in the game, since the investment in green technology is usually a strategic decision. In this paper, we consider a three-stage S...
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ژورنال
عنوان ژورنال: Oxford Economic Papers
سال: 2002
ISSN: 1464-3812
DOI: 10.1093/oep/54.4.617