المستودع الأكاديمي جامعة المدينة

Optimal monitoring to implement clean technologies when pollution is random

أعرض تسجيلة المادة بشكل مبسط

dc.creator Macho-Stadler, Inés
dc.creator Pérez-Castrillo, David
dc.date 2007-10-30T15:45:46Z
dc.date 2007-10-30T15:45:46Z
dc.date 2006-11-20
dc.date.accessioned 2017-01-31T00:57:47Z
dc.date.available 2017-01-31T00:57:47Z
dc.identifier http://hdl.handle.net/10261/1726
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1726
dc.description We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes over reported emissions, and on penalties over unreported emissions. We show that the optimal inspection policy is a cut-off strategy, for several scenarios concerning the observability of the adoption of the clean technology and the cost of adopting it. We also show that the optimal inspection policy induces the firm to adopt the clean technology if the adoption cost is not too high, but the cost levels for which the firm adopts it depend on the scenario.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 672.06
dc.rights openAccess
dc.subject Production technology
dc.subject Random emissions
dc.subject Environmental taxes
dc.subject Optimal monitoring policy
dc.title Optimal monitoring to implement clean technologies when pollution is random
dc.type Documento de trabajo


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