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Tradable emission permits in a federal system

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dc.creator Verbon, Harrie A. A.
dc.creator Withagen, Cees A.
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:01Z
dc.date.available 2013-10-16T07:02:01Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18946
dc.identifier ppn:500452830
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18946
dc.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.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1482
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H21
dc.subject Q00
dc.subject H23
dc.subject ddc:330
dc.subject tradable permits
dc.subject trade bans
dc.subject fiscal federalism
dc.subject Emissionshandel
dc.subject Finanzföderalismus
dc.subject Grenzüberschreitende Umweltbelastung
dc.subject Umweltpolitik
dc.subject Emissionsrechte
dc.subject Allokation
dc.subject Theorie
dc.title Tradable emission permits in a federal system
dc.type doc-type:workingPaper


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