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Article
License: CC BY NC
Data sources: UnpayWall
https://doi.org/10.2139/ssrn.3...
Article . 2003 . Peer-reviewed
Data sources: Crossref
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Trading Quasi-Emission Permits

Authors: Montero, Juan-Pablo;

Trading Quasi-Emission Permits

Abstract

I study the design of environmental policies for a regulator that has incomplete information on firms' emissions and costs of production and abatement (e.g., air pollution in cities with numerous small polluting sources). Because of incomplete information on emissions, there is no policy that can implement the first-best. Since the regulator can observe firms' abatement technologies, however, it is possible to design a quasi-emissions trading program based on this information and show that it can provide higher welfare than command-and-control regulation such as technology or emission standards. I then empirically examine this claim using evidence from a particulate quasi-emissions trading program in Santiago, Chile.

Countries
Chile, United States
Keywords

Contaminación Ambiental - Aspectos Económicos, Ciencias políticas, Política Ambiental - Modelos Matemáticos, 320, Política Ambiental - Aspectos Económicos - Chile

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    influence
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Top 10%
Average
hybrid