dc.contributor.author | Groenert, Valeska | |
dc.contributor.author | Wooders, Myrna | |
dc.contributor.author | Zissimos, Ben | |
dc.date.accessioned | 2020-09-14T01:28:05Z | |
dc.date.available | 2020-09-14T01:28:05Z | |
dc.date.issued | 2010 | |
dc.identifier.uri | http://hdl.handle.net/1803/15889 | |
dc.description.abstract | Abstract: We show that, in competition between a developed country and a developing country over environmental standards and taxes, the developing country may have a 'second- mover advantage.' In our model, firms do not unanimously prefer lower environmental- standard levels. We introduce this feature to an otherwise familiar model of fiscal competi- tion. Four distinct outcomes can be characterized by varying the marginal cost to firms of an environmental externality: (1) the outcome may be efficient; (2) the developing country may be a 'pollution haven;' a place to escape excessively high environmental standards in the developed country; (3) the developing country may 'undercut' the developed country and attract all firms; (4) the developed country may be a pollution haven. | |
dc.language.iso | en_US | |
dc.publisher | Vanderbilt University | en |
dc.subject | Environmental standards | |
dc.subject | fiscal competition | |
dc.subject | second mover advantage | |
dc.subject | tax competition | |
dc.subject | JEL Classification Number: H2 | |
dc.subject | JEL Classification Number: H3 | |
dc.subject | JEL Classification Number: Q2 | |
dc.subject.other | | |
dc.title | Developing Country Second-Mover Advantage in Competition over Environmental Standards and Taxes | |
dc.type | Working Paper | en |
dc.description.department | Economics | |