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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Equilibrium with a Market of Permits | |
Gilles Rotillon; Philippe Michel; Pierre-André Jouvet | |
发表日期 | 2004 |
出处 | Climate Change and Sustainable Development |
出版年 | 2004 |
语种 | 英语 |
摘要 | In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The allocation is efficient if and only if it is proportional to efficient labor. A redistribution in favor of the less developed country implies a redistribution to this country but leads to a dilemma with efficiency. In the second study, we analyze the consequences of the choice between giving free permits to firms and other possibilities. We show that for equalizing incomes of production factors with there marginal productivities, each factor should receive a quantity of free permits proportional to its contribution to production. In the third study, we consider the partial equilibrium of an industry where each firm is characterized by a parameter combining production efficiency and pollution effect. We define a theoretical indicator of environmental efficiency and we analyze its properties. |
特色分类 | D50,F02,F18 |
关键词 | Pollution permits,Capital allocation,International equilibrium,Factor income,Environmental efficiency |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/equilibrium-with-a-market-of-permits/ |
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/117045 |
推荐引用方式 GB/T 7714 | Gilles Rotillon,Philippe Michel,Pierre-André Jouvet. Equilibrium with a Market of Permits. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2004-094.pdf(661KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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