G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Tradable Permits vs Ecological Dumping
Fabio Antoniou; Panos Hatzipanayotou; Phoebe Koundouri
发表日期2010
出处Climate Change and Sustainable Development
出版年2010
语种英语
摘要In this paper we examine an alternative policy scenario, where governments allow polluting firms to trade permits in a strategic environmental policy model. We demonstrate, among other things, that with no market power in the permits market, governments of the exporting firms do not have an incentive to under-regulate pollution in order to become more competitive. This strategic effect is reversed and leads to a welfare level closer to the cooperative one and strictly higher to that when permits are non-tradable. Allowing for market power in the permits market, the incentive to under-regulate pollution re-appears regardless of whether permits are tradable or not. With tradable permits, however, the incentive to under-regulate pollution is comparatively weaker relative to the case of non-tradable permits. This entails potential benefits for the exporting firms and countries since the prisoners’ dilemma is moderated.
关键词Strategic Environmental Policy Tradable Permits Race to the top
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/tradable-permits-vs-ecological-dumping/
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/117781
推荐引用方式
GB/T 7714
Fabio Antoniou,Panos Hatzipanayotou,Phoebe Koundouri. Tradable Permits vs Ecological Dumping. 2010.
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