This paper analyzes how the foreign penetration affects China's environment policy in a mixed oligopoly framework, and gets several interesting conclusions. First, our result shows that government should strengthe...This paper analyzes how the foreign penetration affects China's environment policy in a mixed oligopoly framework, and gets several interesting conclusions. First, our result shows that government should strengthen the degree of environmental policy along with increasing proportion of domestic ownership of multinational firms. Second, we show that an increase in domestic ownership of multinational firms raises not only domestic private firms' profit but also public firm's profit as well as social welfare. Third, the government will raise the environmental tax to control environmental damage.展开更多
This paper examines the impact of foreign penetration on the public firm in a mixed oligopolistic market. Through the establishment of a mixed double oligopoly market, this paper analyzes how the share of foreign inve...This paper examines the impact of foreign penetration on the public firm in a mixed oligopolistic market. Through the establishment of a mixed double oligopoly market, this paper analyzes how the share of foreign investment affects the environmental policy, the pollutant emission, and the social welfare under the condition of the state tax. The results show that: first, the introduction of foreign investment has some crowding-out effects on the social level of output. Second, the entry of foreign investment increases the profit of the public firm by a large margin, and the maximum profit of the private firm has been reduced. Third, the increase of foreign investment in public firm does not necessarily improve the environment.展开更多
基金supported by National Natural Sciences Fund Programs of China(grant nos.71473082 and 71573136)
文摘This paper analyzes how the foreign penetration affects China's environment policy in a mixed oligopoly framework, and gets several interesting conclusions. First, our result shows that government should strengthen the degree of environmental policy along with increasing proportion of domestic ownership of multinational firms. Second, we show that an increase in domestic ownership of multinational firms raises not only domestic private firms' profit but also public firm's profit as well as social welfare. Third, the government will raise the environmental tax to control environmental damage.
基金supported by Scientific Research and Innovation Project of Nanjing Audit University:Study on the Impact of Population and Consumption Level on Resources and Environment:A Case Study of Jiangsu[grant number D10802900236]National Natural Science Foundation of China:The Welfare Effects and Policy Implications of Trade Facilitation:A Study based on the Heterogeneous Firm Trade Model[grant number71473082]
文摘This paper examines the impact of foreign penetration on the public firm in a mixed oligopolistic market. Through the establishment of a mixed double oligopoly market, this paper analyzes how the share of foreign investment affects the environmental policy, the pollutant emission, and the social welfare under the condition of the state tax. The results show that: first, the introduction of foreign investment has some crowding-out effects on the social level of output. Second, the entry of foreign investment increases the profit of the public firm by a large margin, and the maximum profit of the private firm has been reduced. Third, the increase of foreign investment in public firm does not necessarily improve the environment.
