Battle for climate and scarcity rents: beyond the linear-quadratic case
Industria imports oil, produces final goods and wishes to mitigate global warming. Oilrabia exports oil and buys final goods from the other country. Industria uses the carbon tax to impose an import tariff on oil and steal some of Oilrabia's scarcity rent. Conversely, Oilrabia has monopoly powe...
| Main Authors: | , , |
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| Format: | Working paper |
| Published: |
University of Oxford
2015
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