Polluters and Abaters
Autor: | Bernard Sinclair-Desgagné, Alain-Désiré Nimubona |
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Rok vydání: | 2011 |
Předmět: |
Price elasticity of demand
Statistics and Probability Economics and Econometrics business.industry Vertical integration Outsourcing jel:L23 Goods and services Commerce Phenomenon jel:L24 Economics jel:Q52 Eco-industry Make-or-buy Decision Outsourcing Vertical Integration Environmental regulation Environmental policy Statistics Probability and Uncertainty business Industrial organization Social Sciences (miscellaneous) |
Zdroj: | Annals of Economics and Statistics. (103-104):9-24 |
Popis: | To comply with laws, regulations and social demands, polluting firms increasingly purchase the needed means from specialized suppliers. This paper an- alyzes this relatively recent phenomenon. We show how environmental regulation, the size of the output market, the elasticity of demand for abatement goods and services, and the fact that in-house and outsourced abatement expenses are substitutes or complements can influence a polluter's make-or-buy decision. Specific features of abatement outsourcing are highlighted, qualifications and refinements of the theory of vertical integration are then proposed, and some consequences for environmental policy are briefly discussed. |
Databáze: | OpenAIRE |
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