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MARKETABLE PERMIT DESIGNS FOR THE METHYL BROMIDE CRITICAL USE EXEMPTION REQUEST IN THE UNITED STATES AgEcon
Kim, Hong Jin; Faulkner, John; Widawsky, David.
This paper analyzes potential cost savings to the U.S. agricultural sector associated with applying marketable permit designs for methyl bromide critical use exemptions (CUE), under the phase-out of methyl bromide. A necessary condition for an efficient trading system is heterogeneity among methyl bromide users with respect to the costs of switching to potential alternative pest control measures, which would lead to cost savings from trading. Using data on these costs from current methyl bromide users, the authors show that this necessary condition appears to be met, and characterize the potential cost savings that could occur if critical use permits can be traded from methyl bromide users with lower costs to those with higher costs. Several potential...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/21956
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