Prague Economic Papers 2004, 13(1):67-81 | DOI: 10.18267/j.pep.232

Technology and Antitrust Policies in a Polluting Industry

Joel Sandonís, Petr Mariel
Universidad del País Vasco, Facultad de Ciencias Económicas, Lehendakari Aguirre 83, E 48015 Bilbao, Spain (e-mail: jepsadij@bs.ehu.es; etpmaxxp@bs.ehu.es).

We compare different combinations of technology and antitrust policies from a social welfare point of view in a non-tournament model of cost reducing R&D with spillovers, for the case of a homogeneous goods duopoly, where production produces pollution as a by-product, firms face an exogenous emissions tax and can also invest in abatement technologies. We show that for sufficiently polluting industries facing a loose environmental policy, cooperative R&D is not always welfare improving; a policy of subsidizing cooperative R&D is always welfare improving; allowing for mergers may be socially desirable; not regulating the industry at all may be welfare superior to a policy consisting of forbidding market collusion and subsidizing cooperative R&D.

Klíčová slova: technology policy, antitrust, R&D cooperation, pollution
JEL classification: L40, L50, Q28

Zveřejněno: 1. leden 2004  Zobrazit citaci

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Sandonís, J., & Mariel, P. (2004). Technology and Antitrust Policies in a Polluting Industry. Prague Economic Papers13(1), 67-81. doi: 10.18267/j.pep.232
Stáhnout citaci

Reference

  1. D'Aspremont, C., Jacquemin, A. (1988), "Cooperative and Non-cooperative R&D in Duopoly with Spillovers." American Economic Review, 78, pp. 1133-1137.
  2. Hinloopen, J. (1995), "Cooperative R&D versus R&D Subsidies: Cournot and Bertrand Duopolies." Florence, European University Institute, Working Paper ECO 95/26.
  3. Farrell, J., Shapiro, C. (1990), "Horizontal Mergers and Equilibrium Analysis." American Economic Review, 80, pp. 107-126.
  4. Kamien, M., Muller, E., Zang, I. (1992), "Research Joint Ventures and R&D Cartels." American Economic Review, 82, pp. 1293-1306.
  5. Leahy, D., Neary, J. (1997), "Public Policy towards R&D in Oligopolistic Industries." American Economic Review, 87, pp. 642-662.
  6. Levin, D. (1990), "Horizontal Mergers: the 50-per cent Benchmark." American Economic Review, 80, pp. 1238-1245.
  7. McAfee, R., Williams, M. A. (1992), "Horizontal Mergers and Antitrust Policy." Journal of Industrial Economics, 40, pp. 181-187. Přejít k původnímu zdroji...
  8. Petrakis, E., Poyago-Theotoky, J. (2002), "Technology Policy in an Oligopoly with Spillovers and Pollution." Australian Economic Papers, 41(1), pp. 37-52. Přejít k původnímu zdroji...
  9. Poyago-Theotoky, J. (1995), "Equilibrium and Optimal Size of a Research Joint Venture in an Oligopoly with Spillovers." Journal of Industrial Economics, 43, pp. 209-226. Přejít k původnímu zdroji...
  10. Poyago-Theotoky, J. (1999), "A Note on Endogenous Spillovers in a Nontournament R&D Duopoly." Review of Industrial Organization, 15, pp. 253-262. Přejít k původnímu zdroji...
  11. Vonortas, N. (1994), "Inter-firm Cooperation with Imperfectly Appropriate Research." International Journal of Industrial Organization, 12, pp. 413-435. Přejít k původnímu zdroji...
  12. Williamson, O. (1968), "Economies as an Antitrust Defense: the Welfare Trade-offs." American Economic Review, 58, pp. 18-36.

Tento článek je publikován v režimu tzv. otevřeného přístupu k vědeckým informacím (Open Access), který je distribuován pod licencí Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), která umožňuje nekomerční distribuci, reprodukci a změny, pokud je původní dílo řádně ocitováno. Není povolena distribuce, reprodukce nebo změna, která není v souladu s podmínkami této licence.