Efficient Environmental Standards with Imperfect Competition

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Efficient Environmental Standards with Imperfect Competition

Economists have been concerned that sovereign communities may distort environmental policies to attract mobile capital. This paper provides something of a challenge to this idea. It does so by extending the model of Oates and Schwab (1988) to allow the supply of capital to a state, whether acting...

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Bibliographic Details
Main Author:	Petchey, Jeffrey
Format:	Working Paper
Published:	Centre for Research in Applied Economics 2013
Subjects:	race to the bottom mobile capital Emissions environmental standards taxes
Online Access:	http://hdl.handle.net/20.500.11937/11533

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