Autor según el artículo: Osório A; Zhang M
Departamento: Economia
Autor/es de la URV: Osório da Costa, António Miguel / Zhang, Mimi
Palabras clave: Policy instruments Green investments Emissions tax mechanisms Contests Carbon neutrality trade investment green investments goals energy empirical-evidence economic-growth contests consumption competition carbon tax carbon neutrality
Resumen: In this paper, we propose three novel emissions tax mechanisms aimed at minimizing economic losses, incentivizing green R&D investments and reducing environmental emissions in a sustainable manner. We merge industrial organization theory and contests theory into a new model to explore the implication of three contest mechanisms of endogenous emissions taxation (i.e., the output contest mechanism, the green R&D investment contest mechanism, and the net emission contest mechanism), in which firms compete in terms of production and green R&D investments in order to pay less taxes. In this context, in order to identify the optimal mechanism, we compare several economic performance indicators like carbon neutrality, total production, emission level, green R&D investment, consumer and producer surplus, welfare, and value added to society. We find that the net emission contest mechanism is the best to achieve carbon neutrality, maximize green R&D investments and minimize emissions in situations or industries in which the environmental damages are moderate to relatively large. However, in situations or industries in which the environmental damages are relatively small, the green R&D investment contest mechanism could be the best.
Áreas temáticas: Renewable energy, sustainability and the environment Materiais Interdisciplinar Industrial and manufacturing engineering Green & sustainable science & technology Environmental studies Environmental engineering Environmental chemistry Engenharias iii Ciências ambientais Administração pública e de empresas, ciências contábeis e turismo
Acceso a la licencia de uso: https://creativecommons.org/licenses/by/3.0/es/
Direcció de correo del autor: mimi.zhang1@estudiants.urv.cat mimi.zhang1@estudiants.urv.cat antonio.osoriodacosta@urv.cat
Identificador del autor: 0000-0001-5813-6830 0000-0001-5813-6830 0000-0003-3376-0164
Fecha de alta del registro: 2024-09-07
Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
Enlace a la fuente original: https://www.sciencedirect.com/science/article/pii/S2352550922000860
URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
Referencia al articulo segun fuente origial: Sustainable Production And Consumption. 31 762-776
Referencia de l'ítem segons les normes APA: Osório A; Zhang M (2022). Using contests to design emission tax mechanisms. Sustainable Production And Consumption, 31(), 762-776. DOI: 10.1016/j.spc.2022.03.033
DOI del artículo: 10.1016/j.spc.2022.03.033
Entidad: Universitat Rovira i Virgili
Año de publicación de la revista: 2022
Tipo de publicación: Journal Publications
Repositori URV