Theoretical study on the international cooperation in environmental R&D and strategic environmental policy

2017 Fiscal Year Final Research Report

• Project/Area Number: 15K17046
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Economic policy
• Research Institution: University of Fukui
• Principal Investigator: Iida Takeshi 福井大学, 学術研究院教育・人文社会系部門(総合グローバル), 講師 (40584561)
• Project Period (FY): 2015-04-01 – 2018-03-31
• Keywords: 環境投資 / 共同研究開発 / 戦略的環境政策

Outline of Final Research Achievements

We examine the relationship among the strategic environmental policy, international R&D cartels, and research joint ventures using a third-country market model with Cournot duopoly. We derive three important policy implications for international environmental technology policy. First, contrary to conventional wisdom, a R&D cartel with full information sharing does not necessarily improve the global welfare. Second, we show that governments can achieve greater global welfare, if they cooperatively determine whether to allow a R&D cartel. Third, we show that governments should commit to an environmental tax rate to promote the formation of a R&D cartel.

Free Research Field

環境経済学