Arbeitspapier
Emission Permits and Public Pollution Abatement
We build a two regions general equilibrium model with cross-border pollution and either international or only inter-regional capital mobility. To control pollution each region uses public pollution abatement and issues either intra-regionally or inter-regionally tradable emission permits. We analyze the non-cooperative (decentralized) and cooperative (centralized) equilibrium level of emission permits and we examine when and how cross-border pollution and the type of capital mobility affect these equilibrium policies. We provide the welfare ranking of the policies in the various cases and we investigate under what conditions the decentralized and centralized equilibrium policies are equally efficient.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5278
- Klassifikation
-
Wirtschaft
Trade and Environment
International Investment; Long-term Capital Movements
Taxation and Subsidies: Efficiency; Optimal Taxation
- Thema
-
cross-border pollution
tradable emission permits
international capital mobility
public pollution abatement
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Tsakiris, Nikos
Hatzipanayotou, Panos
Michael, Michael S.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Tsakiris, Nikos
- Hatzipanayotou, Panos
- Michael, Michael S.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015
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