Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity

Sanna-Randaccio Francesca; Sestini Roberta; Tarola Ornella

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Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity

机译：单边气候政策与具有公司和国家异质性的外国直接投资

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We analyse the effects of unilateral climate policy in a two-country two-firm model, with endogenous plant location and heterogeneity in both country size and firm's characteristics. The effectiveness of unilateral climate policy is shown to depend on the joint effect of country and firm heterogeneity, and on their impact on equilibrium location choice. For being effective and not leading to production relocation in the long-run, unilateral climate policy should be moderate, implemented by a sufficiently larger area and complemented by mechanisms promoting the international transfer of clean technologies. The model indicates that the smaller area cannot take the lead in global climate mitigation for a protracted time period. Finally, when the local community is not environmentally concerned, the unilateral policy unambiguously makes the society worse off.

机译：我们在两个国家的两个企业模型中分析了单方面气候政策的影响，在国家规模和企业特征上均具有内生植物位置和异质性。研究表明，单方面气候政策的有效性取决于国家和企业异质性的共同影响，以及它们对均衡地区选择的影响。为了长期有效并不会导致生产转移，单方面的气候政策应该适度，在足够大的区域内实施，并辅之以促进清洁技术国际转让的机制。该模型表明，较小的区域无法在较长的时间内引领全球气候减缓。最后，当当地社区不关心环境时，单方面政策无疑会使社会状况恶化。

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来源
《Environmental & Resource Economics》 |2017年第2期|379-401|共23页
作者
Sanna-Randaccio Francesca; Sestini Roberta; Tarola Ornella;
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作者单位

Sapienza Univ Rome, Dept Comp Control & Management Engn, Via Ariosto 25, I-00185 Rome, Italy;

Sapienza Univ Rome, Dept Comp Control & Management Engn, Via Ariosto 25, I-00185 Rome, Italy;

Sapienza Univ Rome, DISSE, Rome, Italy;

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正文语种 eng
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关键词
Foreign direct investment; Carbon leakage; Climate policy; Plant location; Emissions technologies;

机译：外商直接投资;碳泄漏;气候政策;工厂选址;排放技术;

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Unilateral Climate Policy and Foreign Direct Investment with Firm and Country Heterogeneity

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