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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18946| Title: | Tradable emission permits in a federal system |
| Keywords: | H21 Q00 H23 ddc:330 tradable permits trade bans fiscal federalism Emissionshandel Finanzföderalismus Grenzüberschreitende Umweltbelastung Umweltpolitik Emissionsrechte Allokation Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | A system of tradable permits in the standard setting is effective in attaining the policy objective with regard to pollution reduction at the least cost. This outcome is challenged in case of a tradable permit system in a federal state with individual states having discretionary power regarding environmental policy and where pollution is transboundary across states. This paper explores the opportunities of the central authority to influence the effectiveness of the system, under different institutional arrangements, through the initial allocation of permits. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18946 |
| Other Identifiers: | http://hdl.handle.net/10419/18946 ppn:500452830 |
| Appears in Collections: | EconStor |
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