On the use of exchange rates as trading rules in a bilateral system of transferable discharge permits

Environmental and Resource Economics

Volumn 15, Issue 4, 2000, Pages 379-395

  Rodríguez, Fernando ^a  

^a UNIVERSITY OF SALAMANCA   (Spain)

Author keywords

Air pollution; Cost effectiveness; Economic instruments; Emission trading; Exchange rates; Trading rules; Transferable discharge permits

Indexed keywords

EMISSION TRADING; EXCHANGE RATE; TRADING RULES; TRANSFERABLE DISCHARGE PERMIT;

AIR POLLUTION CONTROL; COST EFFECTIVENESS; INDUSTRIAL ECONOMICS; INDUSTRIAL EMISSIONS; OPTIMIZATION; PUBLIC POLICY; REGULATORY COMPLIANCE; STANDARDS;

ENVIRONMENTAL PROTECTION;

ECONOMIC INSTRUMENT; ENVIRONMENTAL ECONOMICS; EXCHANGE RATE; HAZARDOUS WASTE; TRADE RELATIONS;

UNITED STATES;

EID: 0342803807     PISSN: 09246460     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008372531567     Document Type: Article

References (8)

1. Atkinson, S. and T. Tietenberg (1983), 'The Empirical Properties of Two Classes of Designs for Transferable Discharge Permit Markets', Journal of Environmental Economics and Management 9, 101-121.
2. Førsund, F. and E. Nævdal (1994), 'Trading Sulfur Emissions in Europe', in G. Klaassen and F. Førsund, eds., Economic Instruments for Air Pollution Control. Dordrecht, The Netherlands: Kluwer Academic Press.
3. Klaassen, G., F. Førsund and M. Amann (1994), 'Emission Trading in Europe with an Exchange Rate', Environmental and Resource Economics 4, 305-330.
4. Klaassen, G. (1996), Acid Rain and Environmental Degradation. Edward Elgar, Cheltenham, United Kingdom, and IIASA, Laxenburg, Austria.
5. Krupnick, A. J., W. E. Oates and E. van de Verg (1983), 'On Marketable Air-pollution Permits: The Case for a System of Pollution Offsets', Journal of Environmental Economics and Management 10, 233-247.
6. McGartland, A. and W. E. Oates (1985), 'Marketable Permits for the Prevention of Environmental Deterioration', Journal of Environmental Economics and Management 12, 207-228.
7. Montgomery, D. (1972), 'Markets in Licenses and Efficient Pollution Control Programs', Journal of Economic Theory 5, 395-418.
8. Tietenberg, T. (1985), Emissions Trading: An Exercise in Reforming Pollution Policy. Washington, DC: Resources for the Future.