G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Transitional Politics: Emerging Incentive-based Instruments in Environmental Regulation
Toke S. Aidt; Jayasri Dutta
发表日期2001
出处Climate Change and Sustainable Development
出版年2001
语种英语
摘要In the past 15 years, incentive-based environmental policy instruments, such as pollution taxes and tradeable pollution permits, have become an important supplement to tradition command-and-control instruments in Europe and the U.S. This paper proposes a positive theory of environmental instrument choice that can be used to explain this trend. We imagine a democratic society that seeks to lower the level of pollution from industrial production to a pre-specified target. The target can be implemented by one of three instruments: [Q]: quantity controls; [P]: tradeable permits; and [T]: pollution taxes. We characterize political equilibrium as an evolving policy compromise between special-interests, representing polluters, and the electorate. We identify three factors that play a key role in explaining the recent trend in instrument choice: increasingly ambitious environmental targets, learning-by-doing driven reductions in transaction costs associated with permit trading, and (abatement) cost-reducing technological progress.
特色分类D78,H23,Q28
关键词Instrument choice,political economy,environmental policy
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/transitional-politics-emerging-incentive-based-instruments-in-environmental-regulation/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116681
推荐引用方式
GB/T 7714
Toke S. Aidt,Jayasri Dutta. Transitional Politics: Emerging Incentive-based Instruments in Environmental Regulation. 2001.
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