英文摘要 |
This paper applies Grossman and Helpman’s (1994) menu-auction model to explore how the interaction of lobbying activities between the environmental interest group and the firms influences the formation of the pollution tax when the firm invests in the clean technology. The results of this paper indicate that the politically-determined pollution tax depends on the relative marginal benefits of the two interest groups. If the environmental interest group (the firm) obtains a greater marginal benefit from lobbying, the politically-determined pollution tax will be higher (lower) than the optimal pollution tax in the absence of lobbying. This paper also discusses the firm’s investment in clean technology. The results indicate that the firm’s investment in the clean technology will be positive, but the relationship between firm’s investment and pollution tax is ambiguous. |