48
ECONOMIA POLITICA
REGGIO DI CALABRIA
Dati Generali
Periodo di attività
Syllabus
Obiettivi Formativi
The course analyses the interaction between Industrial Organization and Environmental Economics, focusing on firms' strategic behavior under environmental regulation. It examines the design of environmental policy instruments and their effects on firms' incentives to undertake pollution abatement and green innovation. The course then considers the strategic management of common-pool resources through static and dynamic game-theoretic models, complemented by evidence from experimental economics. Finally, it investigates how market structure, including sequential competition, market entry and vertical relationships, affects the performance of environmental policies, and how environmental objectives influence firms' governance and competitive strategies.
Prerequisiti
Metodi didattici
Lectures and presentations performed by students to develop critical thinking and improve communication skills
Verifica Apprendimento
Testi
Bibliography
- Arimura, T. H. & Hibiki, A. (2024). Introduction to environmental economics and policy, Springer, chapters 1-4 (free download at https://library.oapen.org/handle/20.500.12657/92359)
- Espínola-Arredondo, A. & Muñoz-García, F. (2021). Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information, Cambridge University Press.
Module 1 – Environmental policies in imperfectly competitive markets
1. Espínola-Arredondo, A. & Zhao, H. (2012). Environmental policy in a linear city model of product differentiation, Environment and Development Economics, vol. 17, pages 461-477.
2. Kennedy, P. W. (1994). Equilibrium Pollution Taxes in Open Economies with Imperfect Competition, Journal of Environmental Economics and Management, vol. 27, pages 49-63.
3. Requate, T. (2005). Environmental Policy under Imperfect Competition: A Survey, Economics Working Paper, no. 2005-12, Kiel University, Department of Economics, Kiel.
Module 2 – Firms' investment decisions in pollution abatement and green innovation
- Cabon-Dhersin, ML. & Raffin, N. (2024). Cooperation in green R&D and environmental policies: tax or standard, Journal of Regulatory Economics, vol. 66, pages 205-237.
- Chiou, J.-R. & Hu, J.-L. (2001). Environmental Research Joint Ventures under Emission Taxes, Environmental and Resource Economics, vol. 20, pages 129-146.
- Espínola-Arredondo, A. & Muñoz-García, F. Regulation when Firms Invest in Abatement, Course handout.
- Montero, J.-P. (2002). Permits, Standards, and Technology Innovation, Journal of Environmental Economics and Management, vol. 44, pages 23-44.
- Poyago-Theotoky, J. A. (2007). The Organization of R&D and Environmental Policy, Journal of Economic Behavior & Organization, vol. 62, pages 63-75.
Module 3 – Common-pool resources and strategic behaviour
- Muñoz-García, F. Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information, Course handout.
Module 4 – Market strategies and environmental policies
- Bárcena-Ruiz, J. C. & Campo, M. L. (2020). Vertical Integration and First-Mover Advantages in Environmental Taxes, Managerial and Decision Economics, vol. 41, pages 1033-1039.
- Chang, Y.-M. & Sellak, M. (2023). Environmental Policy in Vertical Markets with Downstream Pollution: Taxes versus Standards, The B.E. Journal of Economic Analysis & Policy, vol. 23, pages 897-923.
- Choi, P., Espínola-Arredondo, A. & Muñoz-García, F. (2024). Environmental Regulation under Sequential Competition, Journal of Economic Behavior & Organization, vol. 221, pages 52-72.
- Sugeta, H. & Matsumoto, S. (2007). Upstream and downstream pollution taxations in vertically related markets with imperfect competition, Environmental and Resource Economics, vol. 38, pages 407-432.
Module 5 – Firm objectives and environmental sustainability
· Bárcena-Ruiz, J. C. & Garzón, M. B. (2022). Environmental Policy Instruments and Ownership of Firms, The Manchester School, vol. 90, pages 385-408.
· Bárcena-Ruiz, J. C. & Sagasta, A. (2021). Environmental Policies with Consumer-Friendly Firms and Cross-Ownership, Economic Modelling, vol. 103, article 105612.
· Fanti, L. & Buccella, D. (2017). Corporate social responsibility in a game-theoretic context, Journal of Industrial and Business Economics, vol. 44, pages 371-390.
· Lambertini, L. & Tampieri, A. (2015). Incentives, Performance and Desirability of Socially Responsible Firms in a Cournot Oligopoly, Economic Modelling, vol. 50, pages 40-48.
· Xu, L., Cho, S. & Lee, S.-H. (2016). Emission tax and optimal privatization in Cournot-Bertrand comparison, Economic Modelling, vol. 55, pages 73-82.
Contenuti
1. Environmental policies in imperfectly competitive markets
- Environmental externalities and market failures
- Imperfect competition and environmental regulation
- Environmental policy instruments: taxes, standards and tradable permits
- Environmental regulation and social welfare
2. Firms' investment decisions in pollution abatement and green innovation
- Investments in pollution abatement technologies
- Innovation incentives under alternative environmental policy instruments
- Green R&D and knowledge spillovers
- Non-cooperative and cooperative environmental R&D
- Environmental Research Joint Ventures
3. Common-pool resources and strategic behavior
- Common-pool resources
- The tragedy of the commons
- Strategic equilibrium and the social optimum
- Static and dynamic models of common-pool resource exploitation
- Repeated games, cooperation and sustainability
- Entry deterrence and incomplete information
- Experimental evidence on common-pool resource games
4. Market strategies and environmental policies
- Sequential competition and first-mover advantage
- Market entry, leadership and strategic behaviour
- Environmental regulation in vertical markets
5. Firm objectives and environmental sustainability
- Corporate social responsibility and environmental objectives
- Firm ownership and environmental incentives
Altre informazioni
Prove intermedie
È prevista una prova intermedia di verifica dell’apprendimento, consistente nella presentazione di un articolo scientifico pubblicato. Nel corso della presentazione, le studentesse e gli studenti dovranno dimostrare di aver acquisito le conoscenze e le competenze previste dall’insegnamento, illustrando e discutendo criticamente i contenuti dell’articolo selezionato.
La valutazione complessiva sarà inoltre integrata da un test della durata di 60 minuti. Il voto finale sarà determinato secondo la seguente ponderazione:
· presentazione di un articolo scientifico pubblicato: 50%;
· test della durata di 60 minuti: 50%.
Deposito istituzionale dei materiali didattici del corso
I materiali didattici del corso sono conservati e messi a disposizione delle studentesse e degli studenti mediante cartelle condivise sulle piattaforme Google Drive e/o Dropbox, accessibili attraverso i link forniti dalla docente. Eventuali specifiche esigenze relative all’accessibilità dei materiali potranno essere segnalate secondo le procedure previste dall’Ateneo.
Studenti e studentesse con disabilità, DSA e altri bisogni educativi speciali
Le studentesse e gli studenti con disabilità o con Disturbi Specifici dell’Apprendimento (DSA), nonché, nei casi previsti dal Regolamento di Ateneo, con altri Bisogni Educativi Speciali documentati, possono accedere ai servizi e alle misure di supporto predisposti dall’Università degli Studi Mediterranea di Reggio Calabria.
Le studentesse e gli studenti interessati sono invitati a rivolgersi tempestivamente al Settore di Ateneo competente e a contattare la docente con congruo anticipo rispetto alle attività didattiche e alle prove di verifica, al fine di concordare gli aspetti organizzativi relativi alle misure già autorizzate, nel rispetto della riservatezza.