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| Registros recuperados: 269 | |
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| Stavins, Robert N.. |
| There continues to be great debate about the desirability of taking actions to limit carbon dioxide (CO2) and other greenhouse gas emissions, but it is important to consider policy instruments that can be employed to meet targets that may eventually be forthcoming. The theoretical advantages of market-based instruments, such as carbon taxes and systems of tradable carbon rights, are striking. In the U.S. domestic context, grandfathered tradable permits will probably be the preferred approach (if any) in the short run, although revenueneutral carbon taxes will hold greater promise in the long run. In the international context, a system of international tradable permits could provide important advantages over alternative approaches, but it is difficult to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Global climate change; Policy instruments; Political and institutional barriers; Environmental Economics and Policy; Q25; Q28; Q4. |
| Ano: 1997 |
URL: http://purl.umn.edu/10757 |
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| Newell, Richard G.; Pizer, William A.; Zhang, Jiangfeng. |
| The political economy of environmental policy favors the use of quantity-based instruments over price-based instruments (e.g., tradable permits over green taxes), at least in the United States. With cost uncertainty, however, there are clear efficiency advantages to prices in many cases, especially for stock pollutants such as greenhouse gases. The question arises, therefore, of whether one can design flexible quantity policies that mimic the behavior of price policies, namely stable permit prices and abatement costs. We explore a number of "quantity-plus" policies that replicate the behavior of a price policy through rules that adjust the effective permit cap for unexpectedly low or high costs. They do so without necessitating any monetary exchanges... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Tradable permit market; Prices; Quantities; Banking; Borrowing; Uncertainty; Demand and Price Analysis; Q28; Q48; D8; L51. |
| Ano: 2003 |
URL: http://purl.umn.edu/10524 |
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| Parry, Ian W.H.. |
| Grandfathered emissions permits redistribute income to wealthy households by creating firm rents that ultimately accrue to shareholders. Consequently, they can be highly regressive, even if the poor do not have large budget shares for polluting goods. Using an analytical model, this paper estimates the burden borne by different income groups when emissions permits are used to control power plant emissions of carbon, SO2, and NOx. We also compare the burden borne by poor households under permits with that under emissions taxes, performance standards, technology mandates, and input taxes. And we show how the social costs of policies differ from efficiency costs when society has aversion to inequality. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Equity effects; Pollution controls; Emissions permits; Social welfare function; Environmental Economics and Policy; Q28; H22; H23. |
| Ano: 2003 |
URL: http://purl.umn.edu/10523 |
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| McEvoy, David M.; Brandt, Sylvia J.; Lavoie, Nathalie; Anders, Sven M.. |
| In this paper we use a general model of imperfect competition to predict welfare changes within an open-access fishery transitioning to individual transferable quota (ITQ) management. Although related research has explored the effects of market power in the harvesting sector on ITQ performance, none have considered the implications of an imperfectly competitive processing sector. This study addresses this question specifically in the context of the Atlantic herring fishery, although its implications are relevant to all fisheries with similar industry structure. Our results show that ITQs could have a negative impact on fishermen’s welfare when processors have market power and the cap on aggregate harvest is binding or becomes binding with the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: ITQ; Imperfect competition; Welfare analysis; Fisheries; Risk and Uncertainty; D43; Q22; Q28; L13. |
| Ano: 2007 |
URL: http://purl.umn.edu/7389 |
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| Adams, Damian C.; Lee, Donna J.. |
| We present a bioeconomic model of three invasive aquatic plants (hydrilla, water hyacinth, and water lettuce) in 13 large Florida lakes, and simulate one-year and steady-state impacts of three control scenarios. We estimate that the steady-state annual net benefit of invasive plant control is $59.95 million. A one-year increase in control yields steady-state gains of $6.55 million per year, and a one-year lapse causes steady-state annual losses of $18.71 million. This model shows that increased control of hydrilla, water hyacinth, and water lettuce is optimal. |
| Tipo: Journal Article |
Palavras-chave: Aquatic plants; Bioeconomics; Invasive species; Lakes; Maintenance control; Q57; Q26; Q28; Q51; Q25. |
| Ano: 2007 |
URL: http://purl.umn.edu/37139 |
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| Registros recuperados: 269 | |
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