Arbeitspapier

Hedonic vs Environmental Quality: Which Policy Can Help in Lowering Pollution Emissions?

In this paper we compare two policy instruments that can be adopted to curb carbon emissions. The first is a conventional pollution tax. The second is an environmental campaign aiming to influence consumers to switch to a green good. We consider two different scenarios. When consumers are characterized by hedonic quality preferences, in this case the pollution tax is more efficient than the campaign. On the contrary, when consumers develop environmental quality preferences, there are cases in which the campaign is preferred. To sum up, while both policy instruments are effective in reducing pollution emissions, their efficiency viewed from a welfare perspective crucially depends on consumers' environmental awareness.

Sprache
Englisch

Erschienen in
Series: Quaderni - Working Paper DSE ; No. [906]

Klassifikation
Wirtschaft
Externalities
Oligopoly and Other Imperfect Markets

Ereignis
Geistige Schöpfung
(wer)
Mantovani, Andrea
Vergari, Cecilia
Ereignis
Veröffentlichung
(wer)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(wo)
Bologna
(wann)
2013

DOI
doi:10.6092/unibo/amsacta/3830
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Mantovani, Andrea
  • Vergari, Cecilia
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Entstanden

  • 2013

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