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来源类型Working Paper
规范类型报告
DOI10.3386/w24033
来源IDWorking Paper 24033
Horizontal Equity Effects in Energy Regulation
Carolyn Fischer; William A. Pizer
发表日期2017-11-20
出版年2017
语种英语
摘要Choices in energy regulation, particularly whether and how to price externalities, can have widely different distributional consequences both across and within income groups. Traditional welfare theory focuses largely on effects across income groups; such “vertical equity” concerns can typically be addressed by a progressive redistribution of emissions revenues. In this paper, we review alternative economic perspectives that give rise to equity concerns within income groups, or “horizontal equity,” and suggest operational measures. We then apply those measures to a stylized model of pollution regulation in the electricity sector. In addition, we look for ways to present the information behind those measures directly to stakeholders. We show how horizontal equity concerns might overshadow efficiency concerns in this context.
主题Microeconomics ; Welfare and Collective Choice ; Environmental and Resource Economics ; Energy ; Environment
URLhttps://www.nber.org/papers/w24033
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581707
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GB/T 7714
Carolyn Fischer,William A. Pizer. Horizontal Equity Effects in Energy Regulation. 2017.
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