The effect of emission taxes and abatement subsidies on market structure: comment

Article Abstract:

A model is presented in which the scale of the polluting firm grows as the rate of returns to scale in abatement also intensifies. The model contrasts Conrad and Wang's (1993) model which studies the effects of tax on emissions of a polluting industry and shows reduction in the scale of the polluting firm as it is taxed. The present model furthers the Conrad and Wang's model which considered a monopolistic market situation, and instead is limited to perfect competition while focusing on pollution-damaged firms.

Administration of Air and Water Resource and Solid Waste Management Programs, Pollution Control & Abatement, Analysis, Air pollution control, Emissions credit trading, Emissions trading, Pollution control, Tax policy, Environmental policy research, Air pollution, Pollution liability insurance, Air quality management

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State aid in the European Union: the prohibition of subsidies in an integrated market

Article Abstract:

Research into the impact of banning state aid in an integrated market is presented. There is always a range of values for the opportunity cost of government revenue where individual member states wish to give subsidies and where the multilateral banning of subsidies would boost the welfare of all member states.

Domestic economic assistance

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Union behavior, industry rents, and optimal policies

Article Abstract:

Research into the welfare benefits from strategic industrial policy in the US steel industry is presented. It is suggested that actively targeting industries with labour rents should not be a main aim of policy.

Industrial policy, Labor unions

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