Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Chinese Journal of Management Science》 2016-01
Add to Favorite Get Latest Update

Environmental R&D,Product Differentiation and Environmental Regulation

YANG Shi-hui;WEI Shou-dao;College of Economics,Jinan University;Guangdong University of Finance;  
Global warming has been one of the most important issues around the world,and environmental regulation has been an important tool to control carbon emission for government.Under the assumption that a host-country enterprise and a foreign enterprise produce differentiated products,a three-stage game model is constructed to examine how the organization of environmental RD-independent environmental RD and environmental RD cartel affects environmental regulation.By backward induction,equilibriums are got.With these equilibriums,levels of environment RD(and reduction of carbon emission),environmental regulation and welfare are compared between different RD strategies respectively.It's found that the more enterprises expend on environmental RD,the lower the emission tax will be,and if carbon emission can cause more serious damage to environment,government will set higher emission tax and enterprises will be committed to more environmental RD.By assigning several specific values to key variables,it's further found that environmental RD cartel is dominant to independent environmental RD in general.However,the possibility that environmental RD cartel is dominant to independent environmental RD will be lower as degrees of product differentiation and environmental RD spillover between enterprises decrease.So,this paper not only contributes to the strategic choice for both foreign enterprise and host-country enterprise,but also contributes to policy making for government.
【Fund】: 国家自然科学基金资助项目(71273114)
【CateGory Index】: D630;F273.1
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved