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首页> 外文期刊>Review of international economics >The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry
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The Impact of Unilateral Climate Policy with Endogenous Plant Location and Market Size Asymmetry

机译：单边气候政策对内生植物位置和市场规模不对称的影响

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摘要

This paper analyses the impact of unilateral climate policy on firms' international location strategies in emission-intensive sectors, when countries differ in terms of market size. The cases of both partial and total relocation via foreign direct investment are separately considered. A simple international duopoly model highlights the differences between short-term and long-term effects. In the short-term no change in location is a likely outcome in very capital-intensive sectors and, when there is a strategy shift, this takes the form of partial rather than total relocation. In the long-run total relocation becomes a feasible outcome. However, when tighter mitigation measures are introduced by the larger country and unit transport cost is high, with a pronounced market asymmetry, the probability of firms not relocating abroad is high even in the long-term. The welfare implications of unilateral environmental measures are assessed considering global industrial pollution and accounting for shifts in location strategy.
机译：当国家市场规模不同时，本文分析了单边气候政策对排放密集型企业的国际定位战略的影响。分别考虑通过外国直接投资进行部分和全部搬迁的情况。一个简单的国际双头垄断模型凸显了短期效应和长期效应之间的差异。短期内，在资本密集型行业中，可能不会发生选址变动的情况，而且，在战略转变时，采取部分搬迁而不是全部搬迁的形式。从长远来看，总搬迁成为可行的结果。但是，当较大的国家采取更严格的缓解措施并且单位运输成本很高时，由于市场不对称性明显，即使从长期来看，企业不迁往国外的可能性也很高。考虑到全球工业污染并考虑选址策略的变化，评估了单方面环境措施对福利的影响。

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  • 来源
    《Review of international economics》 |2012年第3期|p.580-599|共20页
  • 作者

    Francesca Sanna-Randaccio; Roberta Sestini;

  • 作者单位

    Sapienza Universita di Roma, Dipartimento di Ingegneria Informatica, Automatica e Gestionale "A. Ruberti", Via Ariosto 25, 00185 Rome, Italy;

    Sapienza Universita di Roma, Dipartimento di Ingegneria Informatica,Automatica e Gestionale "A. Ruberti", Via Ariosto 25,00185 Rome, Italy;

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