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Thomassin, Paul J.. |
When Canada ratified the Kyoto Protocol in December 2002, the country committed to decrease its Greenhouse Gas (GHG) emissions by 6% below its 1990 level. It is estimated that this commitment will require Canada to decrease emissions by 270 megatonnes (Mt) per year during the first commitment period 2008 to 2012. Carbon emission trading institutions have been identified, both internationally and domestically, as being a cost effective mechanism for supplying carbon emission reductions. The paper investigates two alternative mechanisms that can be used to allocate carbon and the potential development of the carbon offset credit market. The offset market could be important for the agriculture and forestry sectors, since these sectors have the potential to... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy; K2; Q13; Q1; Q5; Q58. |
Ano: 2006 |
URL: http://purl.umn.edu/25543 |
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Pauwels, Wilfried; Weverbergh, Marcel. |
In this paper we analyze the optimal regulation of an internationally integrated monopolist, producing in one country and selling in another country. The monopolists pricing policy is constrained by transfer pricing regulations, and is subject to different tax rates on profits in the two countries. The governments of the two countries can use their tax rates as regulatory instruments, and they also determine an arms length interval of acceptable transfer prices. The two governments can cooperate in order to maximize world welfare, or they can each try to maximize their own country welfare. It is shown that in several of the solutions governments apply a golden rule. This rule requires that the firm realizes all profits in the manufacturing country, while... |
Tipo: Working or Discussion Paper |
Palavras-chave: Transfer pricing; Welfare analysis; Political Economy; F13; K2; C72. |
Ano: 2005 |
URL: http://purl.umn.edu/24170 |
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Fulton, Murray E.; Gray, Richard S.. |
Grain transportation is one of the most important economic issues for grain producers in the Northern Plains. The reliance on export markets and the long distances to port position means that transportation costs have a significant effect on the price received by farmers. In the prairie region of Canada, rail transportation is undergoing a major transformation that will affect the competitive positions of agriculture in both the United States and Canada and influence the direction of grain flows between the two countries. Rail rates are no longer legislated although a cap is still in place), restrictions on branch line abandonment have been lifted, and further deregulation of price and car allocation is being considered. Some parties, including the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Barriers to entry; Competition; Grain handling; Grain transportation; Monopoly; Railroads; Regulation; Public Economics; K2; L1; L9; L5. |
Ano: 1998 |
URL: http://purl.umn.edu/29164 |
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