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Do Permit Allocations Matter?

Title: Do Permit Allocations Matter?
Authors: Harrie A. A. Verbon; Cees A. Withagen; Jel-code H
Contributors: The Pennsylvania State University CiteSeerX Archives
Source: http://www.cesifo-group.de/DocCIDL/cesifo1_wp3236.pdf.
Publication Year: 2010
Collection: CiteSeerX
Subject Terms: tradable permits; fiscal federalism
Description: • from the SSRN website: www.SSRN.com • from the RePEc website: www.RePEc.org • from the CESifo website: Twww.CESifo-group.org/wpT CESifo Working Paper No. 3236 Do Permit Allocations Matter? In the standard setting a system of tradable permits is effective and cost-efficient in attaining the policy objective of pollution reduction. This outcome is challenged in case of a tradable permit system in a federal system/constitution 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 and efficiency of the system, under various institutional arrangements, through the initial allocation of permits.
Document Type: text
File Description: application/pdf
Language: English
Relation: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.231.4087
Availability: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.231.4087; http://www.cesifo-group.de/DocCIDL/cesifo1_wp3236.pdf
Rights: Metadata may be used without restrictions as long as the oai identifier remains attached to it.
Accession Number: edsbas.CE0AAE5F
Database: BASE