Voluntary Green Commitment and Optimal Privatization Policy in a Mixed Eco-Industry
نویسندگان
چکیده
Abstract This study investigates the impact of target emissions from polluting firms on production green technology and optimal policy decisions privatization eco-industry under their voluntary commitments. For this, we formulate a vertical structure consisting downstream industry an upstream mixed where private public eco-firms produce emission abatement goods. The results show U-shaped non-monotone relationship between environmental damage degree privatization, that is, welfare-maximizing ownership is full nationalization or partial depending damage. It supports government should have large partially privatized for protection, especially when serious.
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ژورنال
عنوان ژورنال: Asian Journal of Law and Economics
سال: 2022
ISSN: ['2154-4611', '2194-6086']
DOI: https://doi.org/10.1515/ajle-2022-0044