Relationship between environment policy and technical transformation： industry pollution control in Three Gorges Reservoir

Ecological objective promotes local government who is in a reservoir area adopting new environmental policies which encourage firms to save energy and reduce emissions. Based on real option theory, we characterized the arrival of new environmental policy as a Poisson jump process. Under the situatio...

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Veröffentlicht in:	Journal of Chongqing University (English Edition) 2012-06, Vol.11 (2), p.51-58
Hauptverfasser:	Jiang, D-L, Cao, G-H, Yu, T-K
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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