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dc.contributor.authorDröge, Susanneen_US
dc.contributor.authorSchröder, Philipp J. H.en_US
dc.date.accessioned2009-01-28T15:39:13Z-
dc.date.available2009-01-28T15:39:13Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/18077-
dc.description.abstractEnvironmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty sector) a tax is the dominant instrument. For moderate policy targets, a subsidy will be superior (inferior) if the initial situation features a large (small) share of dirty output. These findings have implications for policies such as the Californian Zero Emission Bill or the EU Action Plan for Renewable Energy Sources.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDIW-Diskussionspapiere 341en_US
dc.subject.jelQ28en_US
dc.subject.jelH2en_US
dc.subject.jelL13en_US
dc.subject.ddc330en_US
dc.subject.keywordEnvironmental policyen_US
dc.subject.keywordMonopolistic competitionen_US
dc.subject.keywordTaxesen_US
dc.subject.keywordSubsidiesen_US
dc.subject.keywordWelfareen_US
dc.subject.keywordZero Emission Billen_US
dc.subject.stwUmweltabgabeen_US
dc.subject.stwUmweltschutzen_US
dc.subject.stwSubventionen_US
dc.subject.stwMehr-Sektoren-Modellen_US
dc.subject.stwMonopolistischer Wettbewerben_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleHow to Turn an Industry Green: Taxes versus Subsidiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn370221060en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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DIW-Diskussionspapiere

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