Environmental Corporate Social Responsibility as a Collusive Device ∗
Environmental Corporate Social Responsibility as a Collusive Device ∗
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环境企业社会责任作为共谋手段*
DOI:
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发表时间:
2017
期刊:
影响因子:
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通讯作者:
Toshihiro Matsumura
中科院分区:
文献类型:
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作者:
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura
We formulate a model in which an industry association chooses whether environmental corporate social responsibility (ECSR) is adopted and then firms compete in the market. First, we consider emission cap commitment as ECSR. Under quantity competition, ECSR is adopted by the joint-profit-maximizing industry association because it serves as a collusive device, although ECSR is not adopted if firms choose it independently. By contrast, under price competition, individual firms voluntarily adopt ECSR but the industry association chooses a higher level of ECSR. These findings together suggest that industry associations have a stronger incentive to encourage firms to adopt ECSR than each firm working alone. Furthermore, ECSR can harm social welfare because it restricts competition. Next, we consider emission standard commitment (commitment to per-output emissions) which we find is less likely than emission cap commitment to restrict competition and is not harmful for consumers. JEL classification codes: M14, Q57, L13
DOI:
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发表时间:
2008
期刊:
影响因子:
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作者:
Nakamura;K.;國崎稔・中村和之;Minoru Kunizaki andTsuyoshi Shinozaki
通讯作者:
Minoru Kunizaki andTsuyoshi Shinozaki