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Investitionen in nachgeschaltete Umweltschutzmaßnahmen und das Paradox der Umweltabgaben- und -subventionspolitik

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  • Heinz Klingelhöfer

Abstract

The paper investigates the incentives of environmental policy using taxes and subsidies for investing in end-of-pipe-technologies, especially in filters. Considering the effects on production, it identifies the price ceiling and examines its determinants. Sensitivity analyses show that policy changes do not always encourage environmentally beneficial investments – in particular cases they even may be counterproductive. Copyright Springer-Verlag 2008

Suggested Citation

  • Heinz Klingelhöfer, 2008. "Investitionen in nachgeschaltete Umweltschutzmaßnahmen und das Paradox der Umweltabgaben- und -subventionspolitik," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 18(3), pages 233-254, February.
  • Handle: RePEc:spr:metrik:v:18:y:2008:i:3:p:233-254
    DOI: 10.1007/s00187-007-0028-x
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    References listed on IDEAS

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    1. Rendleman, Richard J, Jr & Bartter, Brit J, 1979. "Two-State Option Pricing," Journal of Finance, American Finance Association, vol. 34(5), pages 1093-1110, December.
    2. Cox, John C. & Ross, Stephen A. & Rubinstein, Mark, 1979. "Option pricing: A simplified approach," Journal of Financial Economics, Elsevier, vol. 7(3), pages 229-263, September.
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