• Journal of Environmental Policy
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• v.7 no.3
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• pp.1-40
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• 2008

In this paper, I examine the welfare effects of various revenue-neutral tax reforms in the case of two vertically-related oligopolies(downstream and upstream), where the upstream industry is polluting. I show analytically when and how government can improve welfare by initiating various tax reforms, regardless of either the feasibility of a lump sum transfer or the availability of a tax on pollution. The profit wedge that is the difference between the unit price and the unit cost and the marginal environmental damages(MED) becomes important to decidethe direction of a tax reform and is crucial to determine the direction of welfare-improving tax-subsidy schemes. I also show that a tax on pollution(Pigouvian tax) is superior to a tax on intermediate good even in the case of vertically-related oligopolies, because the former always brings in positive welfare effect from the upstream firms' input substitutability, which a tax on intermediate good cannot provide. Some policy implications for 'reducing environmentally-harmful subsidies' are also discussed.

• 한국해양학회지
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• v.29 no.2
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• pp.119-131
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• 1994

Vertical structures of wind-driven and tidal currents in a rectangular shaped uniform-depth basin of homogeneous water have been investigated using a mode-splitted, multi-level grid-box, hydrodynamic numerical model. The model was verified using analytical solutions for various vertical eddy viscosity profiles such as: a constant eddy viscosity, a linearly decreasing or increasing variation with depth, a quadratic variation with depth and an exponential variation with depth. Particular attention has been paid on the effects of "near-surface wall layer" on vertical shear of velocity. In numerical calculations, the whole water depth was divided into 13 levels with an unequal grid spacing. the model satisfactorily reproduces the velocity profile, but in case the eddy viscosity decreases rapidly with depth as in quadratical or exponential variation with depth, the vertical gradient of velocity near the bottom became very steep, and analytical solutions and numerical results showed some discrepancy. The vertical structures of horizontal velocity vary with both the depth-averaged value of eddy viscosity and its profiles. the velocity near the sea surface and near the bottom responded sensitively to the eddy viscosity of wall layer. For wind-driven current, the strong velocity shear was generated near the sea surface as eddy viscosity near the surface became small. For tidal current, the velocity above the sea bottom layer was almost constant regardless of the profiles of vertical eddy viscosity, but velocity in the sea bottom layer showed strong shear as eddy viscosity became small.

• The Journal of the Korea Contents Association
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• v.14 no.6
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• pp.44-53
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• 2014

This study seeks to analyze vertical integration structure of Korean popular music market focused on corporation concentration and production system by applying production of culture perspective of Peterson, Subject of analysis is Melon weekly music chart(2000-2013), which is No.1 digital music distributor. The result showed vertical integration structure of Korean popular music industry was different from America. Vertical integration of American major was based on open system to be responsible for promotion and distribution by M&A of independent label but entrusted them-with total production to cope-with uncertainty of music market. On the other hand, Korean system was in charge of pure distribution only as digital service provider and it showed modified vertical structure because traditional value chain was destroyed by changing digital music environment. Especially found seriousness of oligopoly by distribution company of conglomerate affiliation. and this is harm against building healthy industry ecosystem in creative economy era and it needs improvement through study of advanced case, open system.

• Environmental and Resource Economics Review
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• v.13 no.1
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• pp.133-160
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• 2004

This paper analyzes the long-run effects of an environmental tax levied on motor vehicles. If the government charges their consumers the tax as much as the monetary value of the external damage due to the pollutants emitted from motor vehicles, the operation of vehicles is reduced to the socially optimal level, alike to ordinary Pigouvian taxes. Thus, air pollution abatement is realized in the short run. Moreover, in the long run, the tax leads the consumers to prefer cleaner vehicles owing to the tax burden, and so the firms produce the motor vehicles with less pollutants emitted to meet the change of demand. Therefore, the tax has the additional effect on air pollution abatement. This result is obtained from the simulation in the oligopoly model which has an interior solution when the vehicles are horizontally and vertically differentiated.