BIROn - Birkbeck Institutional Research Online

    How green should environmental regulators be?

    Heyes, A. and Kapur, Sandeep (2010) How green should environmental regulators be? Working Paper. Birkbeck College, University of London, London, UK.

    [img]
    Preview
    Text
    7520.pdf - Published Version

    Download (324kB) | Preview

    Abstract

    The extent to which environmental regulatory institutions are either 'green' or 'brown' impacts not just the intensity of regulation at any moment, but also the incentives for the development of new pollution-control technologies. We set up a strategic model of R&D in which a polluter can deploy technologies developed in-house, or license technologies developed by specialist outsiders. Polluters exert R&D effort and may even develop redundant technologies to improve the terms on which they procure technology from outside. We find that, while regulatory bias has an ambiguous impact on the best-available technology, strategic delegation to systematically biased regulators can improve social welfare.

    Metadata

    Item Type: Monograph (Working Paper)
    Additional Information: BWPEF 1016
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Administrator
    Date Deposited: 20 Jun 2013 10:31
    Last Modified: 20 Jun 2013 10:31
    URI: http://eprints.bbk.ac.uk/id/eprint/7520

    Statistics

    Downloads
    Activity Overview
    70Downloads
    91Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item