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Environmental regulatory measures, such as emissions trading system, are popular options adopted by many nations and regions, and how they affect corporate activities and behavior as well as the international competitiveness of industries is of a vital interest to stakeholders. The paper analyzes a number of previous studies on this subject and...

Remarks: Special lecture for the course "Environmental Technology System 2011" of the Faculty of Environment and Information Studies, Keio University, Japan. (12 Dec. 2011　Fujisawa, Japan) 慶応義塾大学環境情報学部「環境技術システム論」特別講義（2011年12月12日　慶應大学藤沢キャンパス）