研討日期

20140531日上午10:20 ~ 13:00

研討地點

台大社會科學院26教室

題目

Can Privatization be a Catalyst for Environmental R&D and Result a Cleaner Environment?

作者

Tsung-Hsiu Tasi, Chia-Chi Wang, Jiunn-Rong Chiou

文獻出處

Working paper

報告人

王佳琪

參加人員

梁文榮、林燕淑、王光正、陳宏易、蔡明芳、彭正浩、陳金盛、許至乙、曹古駒、王佳琪、周冰瑤、宋育芳、丁虹仁、呂雅媛、施

討論提要

In 2007, the Environmental Protection Agency in China openly announced that environmental protection is a major concern when privatizing public firms. In addition, to obey international environmental agreements, both state-owned and privately-owned firms are obligated to undertake ER&D activities to abate pollution.

In line with the discussion on the impact of privatization on the environment, the role of ER&D has not been taken into account in this said dispute. The purpose of this paper is to analyze whether privatization improves the environment or not when the firms invest in ER&D. In addition, we examine what the optimal level of ER&D efforts of firms are before and after public firms are privatized.

結論

l   Privatization may stimulate firms to invest more in ER&D activities and results a cleaner environment.

l   If the ready-for-privatizing public firm belongs to a relatively clean industry in which d is low, privatization can induce it to undertake more ER&D, and the environment is better off after privatization.

l   If the public firm belongs to a highly polluting industry with severe environmental damage, then privatization reduces its ER&D. Uless environmental taxes are sufficiently high, privatization may result in further damage to the  environment.