Dynamic optimal control of firms' green innovation investment and pricing strategies with environmental awareness and emission tax

被引：16
|
作者：
Li, Dongdong [1 ]
机构：
[1] Northwestern Polytech Univ, Sch Publ Policy & Adm, Xian, Peoples R China
来源：
MANAGERIAL AND DECISION ECONOMICS | 2022年 / 43卷 / 04期
关键词：
RESEARCH-AND-DEVELOPMENT; POLLUTION-ABATEMENT; DIFFERENTIAL GAME; TECHNOLOGY; POLICY; COMPETITION; INCENTIVES; MONOPOLY; DETERMINANTS; INSTRUMENTS;
D O I：
10.1002/mde.3427
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper develops a dynamic optimal control model to investigate the effects of consumer environmental awareness and emission tax on firms' green innovation investment and pricing strategies. Our main results show the following: (i) when both consumer environmental awareness and emission tax are present, the firm's reaction to environmental awareness may be non-monotone, although a higher emission tax always yields higher green innovation investment and price; (ii) competition in an environmentally sensitive market increases the investment of the firm's green innovation; (iii) raising emission tax may be a better policy choice than promoting consumer environmental awareness when the market size is small.
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页码：920 / 932
页数：13
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