We compare four proposals for the European Union greenhouse gas Emission Trading Scheme (ets): auctioning of allowances, distribution of allowances proportional to current output, auctioning with border adjustment, and a hybrid distribution with auctioning for power production and output-based...

This article analyses the consequences of environmental public policy when private agents have access to abatement activity, ?nanced by private contributions. The question at stake is to determine if private involvement in abatement activities should challenge public intervention. The analysis...

In an agency model of politics, we show that the choice of an allocation method for tradable emissions permits is not neutral. The decision of a ??corrupted?? government to auction the permits or to grant them for free affects their equilibrium quantity and price as it modifies the incentive of...

The purpose of this study is to assess the impact of the French tax credit ? prime pour l?emploi ? created in 2001. This assessment has been carried out through simulations made with MYRIADE, a micro-simulation model, currently being built at the Caisse nationale des allocations familiales and...

In Welfare Economics natural monopoly and price theory have been given as the relevant framework for analyzing network industries. New Institutional Economics and the experiment in reforming these industries suggest that contracting for being served is the critical point. Contractual...

Marine oil transportation has a poor performance record in terms of safety. Indeed, international regulation and system of liability and compensation for oil pollution damage do not provide sufficiently strong incentives for key actors in the sector to reduce their risky behaviours. We here...

This paper considers recycling in a general equilibrium model. It is shown that recycling should be subsidized if recycling costs are high, as an incentive to recycle all of the available waste. This tax incentive should vanish if recycling is profitable enough. In this case, recycling should...

It is often argued that implicit taxation on continued activity of elderly workers is responsible for the widely observed trend towards early retirement. In a first best world, it is certainly possible to eliminate this taxation and have a social security scheme that is redistributive and...

This paper presents the mechanisms of an endogenous technical change module, with endogenous R&D decisions, introduced in the applied general equilibrium model for European Union, gem-e3. We use this module (1) to compare assessments for climate policies (Kyoto Protocol) when technical change is...

The burden sharing of pollution abatement costs, e.g. in the Kyoto protocol context, raises the debated question to know who (which country or which region) should bear what cost. With a model of specific factors reflecting international specialization, we show that it is impossible to abate...