Environmental Policy and Market Structure

One of the central tenets of this book is that governmental policies must be designed to take into account market characteristics and environmental phenomena - simultaneously. This volume contains a new research effort of the `Fondazione Eni Enrico Mattei' and explores the theoretical underpinnings of environmental policy in a sub-optimal world.
Topics considered link economic issues (oligopolistic market structures, firm heterogeneity, and the strategic behavior of governments) to environmental issues (emission abatements, cleaner technologies, and environmental taxation).
The articles in this volume were chosen to achieve a balance between breadth and depth and were written by leading experts in the field. In short, this book is rich in policy implications and raises new issues and questions for future research.

One — Environmental Taxation, Market Structure and International Trade.- 1. Emission Taxes and Market Structure.- 2. Environmental Taxation, Market Share, and Profits in Oligopoly.- 3. Naive Use of Environmental Instruments.- 4. Optimal Environmental Policy for Oligopolistic Industries under Intraindustry Trade.- 5. Choosing Emission Taxes under International Price Competition.- 6. Strategic Environmental Policy and International Trade — The Role of Market Conduct.- Two — Environmental Policy, Innovation and Market Structure.- 7. Innovation under the Threat of Stricter Environmental Standards.- 8. Environmental Innovation, Spillovers and Optimal Policy Rules.- 9. Environmental Policy and the Choice of Production Technology.- 10. Trade, Strategic Innovation and Strategic Environmental Policy — A General Analysis.