The impact of uncertain environmental regulatory policy on optimal plant location and anti-pollution technology selection
學年 101
學期 2
出版(發表)日期 2013-06-01
作品名稱 The impact of uncertain environmental regulatory policy on optimal plant location and anti-pollution technology selection
作品名稱(其他語言)
著者 Yang, Bing-shiunn; Mai, Chao-cheng
單位 淡江大學經濟學系; 淡江大學產業經濟學系
出版者 Heidelberg: Springer
著錄名稱、卷期、頁數 The Annals of Regional Science 50(3), pp.753-769
摘要 This paper considers pollution tax rate functions that decrease progressively with distance in order to examine in depth the effectiveness of pollution tax incentives. We find that pollution tax incentive policies, regardless of the level of incentives or the size of increases in incentives, can impel the firm to purchase anti-pollution equipment. However, increases in the size of incentives cause the firm to relocate back to city centers. The size of incentive increase thus has an uncertain impact on location choice, suggesting that increases may also produce the opposite of the intended effect by "pulling" plants back to city centers. This confirmed the argument of Oates and Baumol (Economic analysis of environmental problems, Columbia University Press, New York, 1975 , p. 104) that taxes on polluting activities may fail to do their job with full effectiveness. In addition, we have also found that increased uncertainty over pollution tax policies tends to increase purchases of anti-pollution equipment for a risk-averse firm. This impact is unrelated to the investment flexibility of anti-pollution equipment. These results are different from those of Carlsson regarding risk-neutral firms. In addition, the findings of this study that increases in pollution taxes tend to cause a firm to purchase additional anti-pollution equipment and leave city centers differ from those of Hwang and Mai in the latter result.
關鍵字
語言 en
ISSN 0570-1864 1432-0592
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Mai, Chao-cheng
審稿制度
國別 DEU
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/89255 )

機構典藏連結

SDGS 優質教育,尊嚴就業與經濟發展,產業創新與基礎設施,永續城市與社區,負責任的消費與生產,和平正義與有力的制度