In this paper we present a new approach to evaluate the environmental efficiency of decision making units. We propose a model that describes a two-stage process consisting of a production and an end-of-pipe abatement stage with the environmental efficiency being determined by the efficiency of both stages. Taking the dependencies between the two stages into account, we show how nonparametric me...

We compare emissions taxes and quotas when a (strategic) regulator and (non-strategic) firms have asymmetric information about abatement costs, and all agents use Markov perfect decision rules. Firms make investment decisions that affect their future abatement costs. For general functional forms, firms’ investment policy is information-constrained efficient when the regulator uses a quota, but ...

The success of global climate policies over the coming decades depends on the diffusion of ’green’ technologies. This requires that international environmental agreements (IEAs) and trade-related intellectual property rights (TRIPs) interact productively. Using a simple and tractable model, we highlight the strategic reduction in abatement commitments on account of a hold-up effect. In anticipa...

as the main actor of implementing energy saving and pollution abatement, corporations and their response to the policy are studied in this paper. we find that corporate properties as scale, ownership, current environmental performance on energy using and pollution, target market and listed situation have impact on the corporate responding conduct and progress. especially, current environmental ...