| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19097 |
| 来源ID | Working Paper 19097 |
| Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme | |
| Ralf Martin; Mirabelle Muûls; Laure B. de Preux; Ulrich J. Wagner | |
| 发表日期 | 2013-06-06 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it to analyzing compensation rules proposed under the EU Emissions Trading Scheme, where emission permits are allocated free of charge to carbon intensive and trade exposed industries. We show that this practice results in substantial overcompensation for given carbon leakage risk. Efficient permit allocation reduces the aggregate risk of job loss by more than half without increasing aggregate compensation. |
| 主题 | International Economics ; Trade ; Public Economics ; Taxation ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w19097 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576772 |
| 推荐引用方式 GB/T 7714 | Ralf Martin,Mirabelle Muûls,Laure B. de Preux,et al. Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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