Regulación ambiental óptima en una industria no-competitiva con inversión extranjera directa, cambio tecnológico exógeno y spillovers nacionales. El caso de países en desarrollo
| Autor | Alejandro Sampaolesi |
| Cargo | Universidad de Ciencias Empresariales y Sociales |
| Páginas | 565-579 |
565
Regulación ambiental óptima en una industria
no-competitiva con inversión extranjera directa, cambio
tecnológico exógeno y spillovers nacionales. El caso
de países en desarrollo*
Optimal Environmental Regulation in a Non-competitive Industry
with Foreign Direct Investment, Exogenous Technological Change,
and Domestic Spillovers. The Case of Developing Countries
Alejandro Sampaolesi**
ABSTRACT
This work depicts the design of an optimal environmental regulation when national
and multinational rms coexist in a given industry. To accomplish this, we work in
a partial equilibrium model and place a small country framework in which foreign
direct investment (FDI) takes place. Our results show that, when the domestic rms
act under non-competitive conditions and the foreign rms under competitive
conditions respectively, such a regulation represents a tax or subsidy on emissions.
This is the result of a “production effect”, which reects the decrease in social
welfare associated with a drop in the level of production of the domestic rms,
and a “pollution effect”, which reects the increase in welfare related to the lower
level of emissions. Furthermore, when we allow for the possibility that the foreign
rms experience an exogenous technological change, generated by means of their
headquarters, with spillovers in favor of domestic rms, it is found that the new
optimal policy (with technological change) could be greater, equal, or lower than
the previous one (without technological change); therefore, we can conclude that
* Artículo recibido el 2 de julio de 2015 y aceptado el 11 de septiembre de 2015. Los errores rema-
nentes son responsabilidad exclusiva del autor.
** Universidad de Ciencias Empresariales y Sociales (UCES) (correo electrónico: asampaolesi@campus.
uces.edu.ar).
EL TRIMESTRE ECONÓMICO, vol. LXXXIII (3), núm. 331, julio-septiembre de 2016, pp. 565-579
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