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ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ

Year 2009, Issue: 24, - , 20.06.2015

Abstract

This paper is about regulating the firms of Cournot-düopol markets that creates pollution under asymmetric information. Optimal tax/subsidy and tradable emission permits can be used as tools for regulating the firms in these markets. The firms’ cost and demand functions, types of abatement technologies they use and their more knowledge of other relevant economic variables than those of the regulatory hinder to control the pollution affectively. Despite the fact that this problem is due to adverse selection, regulatory must develop a mechanism that will motivate firms to reduce pollution voluntarily without reducing the output. Although Pigouvian tax and emission permits are more effective in comparison to command and control tools, they are not advantageous to each other. Also, there is no consensus that these two tools will achieve social optimum in markets

References

  • Bertram, Geoffrey. (1992) “Tradeable Emission Permits and the Control of Greenhouse Gases”, The Journal of Development Studies, Vol.28 (3). April.423- 446.
  • Bontems, Philippe. and Bourgeon, Jean-Marc. (2007) “On Enviromental Policy and Permitting”, Journal of Public Economic Theory, 9 (5), 771-792.
  • Damania, D. (1996) “Pollution Taxes and Pollution Abatement in an Oligopoly Supergame”, Journal of Enviromental Economics and Managment, 30, 323-336.
  • Dasgupta, Partha. Hammond, Peter. and Maksin, Eric. (1980) “On Imperfect Information and Optimal Pollution Control”, Review of Economic Studies, XLVII, 857-860.
  • Fershtman, C. And A. de Zeeuw (1996) “Tradeable Emission Permits in Oligopoly” Working Paper, Department of Economics, Tilburg University.
  • Jebjerg, Lars. and Lando, Henrik. (1997) “Regulating a Pollution Firm Under Asymmetric Information”, Enviromental and Resource Economics, 10, 267-284.
  • Kato, Kazuhiko. (2006) “Can Allowing to Trade Permits Enhance Welfare in Mixed Oligopoly” Journal of Economics, Vol.88, No.3, 263-283.
  • Kim, Jae-Cheo. and Chang Ki-Bok. (1993) “An Optimal Tax/Subsidy for Output and Pollution Control Under Asymmetric Information in Oligopoly Markets”, Journal of Regulatory Economics, 5, 183-197.
  • Kwerel, Evan. (1977) “To Tell the Truth: Imperfect Information and Optimal Pollution Control” Review of Economic Studies, 44 (3), 595-601.
  • Levin, Dan. (1985) “Taxation Within Cournot Oligopoly”, Journal of Public Economics, 27, 281-290.
  • McKitrick, Ross. (1999) “A Cournot Mechanism for Control Pollution Information”, Enviromental and Resource Economics, Oct., 14, (3), 353-363. Asymmetric
  • Requate, Till. (1993) “Pollution Control in a Cournot Duopoly via Taxes or Permits”, Journal of Economics, Vol. 58, No.3, 255-291.
  • Sartzetakis, Eftichios. S. (1997a) “Tradeable Emission Permits Imperfectly Welfare Resource Economics, 9, 65-81. Enviromental Implications” and
  • Sartzetakis, Eftichios S. (1997b) “Raising Rivals’ Costs Strategies via Permits Markets”, Review of Industrial Organization, 12, 751-765.
  • Sartzetakis, Eftichios. S. (2004) “On the Efficiency of Competitive Markets for Emission Permits”, Enviromental and Resource Economics, 27, 1- 19.
  • Shaffer, Sherrill. (1995) “Optimal Linear Taxation of Polluting Oligopolists”, Journal of Regulatory Economics, 7, 85-100.
  • Sibley, David. (1989) “Asymmetric Information, Incentives and Price-Cap Regulation”, Rand Journal of Economics, Vol.20, No.3, 392-404.
  • Simpson, David. (1995) “Optimal Pollution Taxation in a Cournot Duopoly” Enviromental and Resource Economics, 6, 359-369. Spulber, Daniel.F. Regulation Under Asymmetric Information”, Journal of Public Economics, 35, 163-181.
  • Tietenberg, Thomas.T. (1985) Emission Trading: An Exercise in Reforming Pollution Policy, Washington, D.C., Resources for the Future.
  • Vogelsang, Ingo and Finsinger, Jörg. (1979) “A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms”, The Bell Journal of Economics, Vol.10, 151-171.
  • von de Fehr, N.-H.M. (1993) “Tradeable Emission Rights and Strategic Interaction”, Enviromental and Resource Economics, Vol.3. 129-151.

ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ

Year 2009, Issue: 24, - , 20.06.2015

Abstract

Bu çalışma asimetrik enformasyon altında kirliliğe neden olan Cournot düopol piyasalarındaki firmaların optimal vergilendirme/sübvansiyon ve ticareti yapılabilir izinleri kullanılarak düzenlenmeleri ile ilgilidir. Kirlilik oluşturan firmaların talep ve maliyet fonksiyonları, kirliliği azaltmak için kullandıkları teknolojiler ve diğer ilgili ekonomik değişkenler hakkında karar alıcıdan daha fazla enformasyona sahip olmaları kirliliğin etkin bir şekilde kontrol edilmesine engel olmaktadır. Yasal düzenleyici ters seçimden kaynaklanan bu soruna rağmen üretimi düşürmeden kirliliği azaltmak için firmaları gönüllü bir şekilde teşvik edecek olan bir mekanizma geliştirmek zorundadır. Pigocu vergiler ile emisyon izinlerinin komuta ve kontrol araçlarına göre daha etkin olmalarına rağmen birbirlerine karşı bir üstünlükleri bulunmamaktadır. Ayrıca bu iki düzenleme aracının genel olarak piyasada sosyal optimumu sağlayacağı konusunda görüş birliği yoktur

References

  • Bertram, Geoffrey. (1992) “Tradeable Emission Permits and the Control of Greenhouse Gases”, The Journal of Development Studies, Vol.28 (3). April.423- 446.
  • Bontems, Philippe. and Bourgeon, Jean-Marc. (2007) “On Enviromental Policy and Permitting”, Journal of Public Economic Theory, 9 (5), 771-792.
  • Damania, D. (1996) “Pollution Taxes and Pollution Abatement in an Oligopoly Supergame”, Journal of Enviromental Economics and Managment, 30, 323-336.
  • Dasgupta, Partha. Hammond, Peter. and Maksin, Eric. (1980) “On Imperfect Information and Optimal Pollution Control”, Review of Economic Studies, XLVII, 857-860.
  • Fershtman, C. And A. de Zeeuw (1996) “Tradeable Emission Permits in Oligopoly” Working Paper, Department of Economics, Tilburg University.
  • Jebjerg, Lars. and Lando, Henrik. (1997) “Regulating a Pollution Firm Under Asymmetric Information”, Enviromental and Resource Economics, 10, 267-284.
  • Kato, Kazuhiko. (2006) “Can Allowing to Trade Permits Enhance Welfare in Mixed Oligopoly” Journal of Economics, Vol.88, No.3, 263-283.
  • Kim, Jae-Cheo. and Chang Ki-Bok. (1993) “An Optimal Tax/Subsidy for Output and Pollution Control Under Asymmetric Information in Oligopoly Markets”, Journal of Regulatory Economics, 5, 183-197.
  • Kwerel, Evan. (1977) “To Tell the Truth: Imperfect Information and Optimal Pollution Control” Review of Economic Studies, 44 (3), 595-601.
  • Levin, Dan. (1985) “Taxation Within Cournot Oligopoly”, Journal of Public Economics, 27, 281-290.
  • McKitrick, Ross. (1999) “A Cournot Mechanism for Control Pollution Information”, Enviromental and Resource Economics, Oct., 14, (3), 353-363. Asymmetric
  • Requate, Till. (1993) “Pollution Control in a Cournot Duopoly via Taxes or Permits”, Journal of Economics, Vol. 58, No.3, 255-291.
  • Sartzetakis, Eftichios. S. (1997a) “Tradeable Emission Permits Imperfectly Welfare Resource Economics, 9, 65-81. Enviromental Implications” and
  • Sartzetakis, Eftichios S. (1997b) “Raising Rivals’ Costs Strategies via Permits Markets”, Review of Industrial Organization, 12, 751-765.
  • Sartzetakis, Eftichios. S. (2004) “On the Efficiency of Competitive Markets for Emission Permits”, Enviromental and Resource Economics, 27, 1- 19.
  • Shaffer, Sherrill. (1995) “Optimal Linear Taxation of Polluting Oligopolists”, Journal of Regulatory Economics, 7, 85-100.
  • Sibley, David. (1989) “Asymmetric Information, Incentives and Price-Cap Regulation”, Rand Journal of Economics, Vol.20, No.3, 392-404.
  • Simpson, David. (1995) “Optimal Pollution Taxation in a Cournot Duopoly” Enviromental and Resource Economics, 6, 359-369. Spulber, Daniel.F. Regulation Under Asymmetric Information”, Journal of Public Economics, 35, 163-181.
  • Tietenberg, Thomas.T. (1985) Emission Trading: An Exercise in Reforming Pollution Policy, Washington, D.C., Resources for the Future.
  • Vogelsang, Ingo and Finsinger, Jörg. (1979) “A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms”, The Bell Journal of Economics, Vol.10, 151-171.
  • von de Fehr, N.-H.M. (1993) “Tradeable Emission Rights and Strategic Interaction”, Enviromental and Resource Economics, Vol.3. 129-151.
There are 21 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Murat Sarıkaya This is me

Publication Date June 20, 2015
Published in Issue Year 2009 Issue: 24

Cite

APA Sarıkaya, M. (2015). ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi(24).
AMA Sarıkaya M. ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. June 2015;(24).
Chicago Sarıkaya, Murat. “ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, no. 24 (June 2015).
EndNote Sarıkaya M (June 1, 2015) ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi 24
IEEE M. Sarıkaya, “ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ”, Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, no. 24, June 2015.
ISNAD Sarıkaya, Murat. “ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi 24 (June 2015).
JAMA Sarıkaya M. ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2015.
MLA Sarıkaya, Murat. “ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ”. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, no. 24, 2015.
Vancouver Sarıkaya M. ASİMETRİK ENFORMASYON ALTINDAKİ DÜOPOLİSTİK PİYASA YAPILARINDA KİRLİLİĞİN KONTROLÜ: OPTİMAL VERGİLENDİRME/SÜBVANSİYON VE TİCARİ YAPILABİLİR EMİSYON IZİNLERİ. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi. 2015(24).

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