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Cross-country Emission Tax Effect of Mergers.
dc.contributor.author | Fikru, Mahelet G. | |
dc.contributor.author | Gautier, Luis | |
dc.date.accessioned | 2024-07-04T09:05:34Z | |
dc.date.available | 2024-07-04T09:05:34Z | |
dc.date.issued | 2020 | |
dc.identifier.citation | Fikru, M. G., & Gautier, L. (2023). Cross-country Emission Tax Effect of Mergers. Arthaniti: Journal of Economic Theory and Practice, 22(1), 113-128. https://doi.org/10.1177/0976747920958094 | es_ES |
dc.identifier.uri | https://hdl.handle.net/10630/31877 | |
dc.description | Política de acceso abierto tomada de: https://uk.sagepub.com/en-gb/eur/journal-author-archiving-policies-and-re-use | es_ES |
dc.description.abstract | Recent studies show that mergers among polluting firms could affect the regulatory landscape of the industry and trigger a policy change. Using a two-country model, this study examines the effect o f a merger size, a s measured by the number of merging firms, on the optimal emission tax of another country. We show that, if pollution damages are not too large, a decline in the size of a merger reduces production and profits in that country, which affords a larger tax in the other country due to smaller profit-shifting c oncerns. On the other hand, if pollution damages are extremely large, a reduction in the size of a merger in one country reduces production in that country, but it also reduces production and emissions in the other country. Thus, the latter can induce a smaller emission tax. The change in the emission tax in both scenarios is consistent with cooperative outcomes. | es_ES |
dc.language.iso | eng | es_ES |
dc.publisher | Sage | es_ES |
dc.rights | info:eu-repo/semantics/openAccess | es_ES |
dc.subject | Impuestos ambientales | es_ES |
dc.subject | Sociedades - Fusión | es_ES |
dc.subject | Contaminación - Reducción | es_ES |
dc.subject.other | Mergers and acquisitions | es_ES |
dc.subject.other | Transboundary pollution | es_ES |
dc.subject.other | Product differentiation | es_ES |
dc.subject.other | Cooperative emission tax | es_ES |
dc.subject.other | Non-cooperative emission tax | es_ES |
dc.title | Cross-country Emission Tax Effect of Mergers. | es_ES |
dc.type | info:eu-repo/semantics/article | es_ES |
dc.identifier.doi | 10.1177/0976747920958094 | |
dc.type.hasVersion | info:eu-repo/semantics/acceptedVersion | es_ES |