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Air pollution quotas and the dynamics of internal skilled migration in Chinese cities
Yu, Bo; Lee, Wang-Sheng; Rafiq, Shuddhasattwa - 2020
This paper examines the role of a sulphur dioxide (SO2) emissions quota introduced as part of China's 11th Five-Year Plan on internal movements of high-skilled labour across Chinese prefecture cities. Using data on migration flows calculated through changes in Hukou status, this study suggests...
Persistent link: https://www.econbiz.de/10012249642
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Pollution Permits, Imperfect Competition and Abatement Technologies
Christin, Clemence - 2014
. In particular, a reserve of pollution permits for new entrants is justified when the industry uses a process …
Persistent link: https://www.econbiz.de/10013062039
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Optimal stabilization in an emission permits market
Gerlagh, Reyer; Wan, Roweno J.R.K - 2018
We develop a 2-period emission trading model for a stock pollutant with demand shocks resolving over time. We find precise conditions for efficiency of a stabilization mechanism where cumulative available permits decrease with excess supply in early periods. Our model describes the stabilization...
Persistent link: https://www.econbiz.de/10011810102
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Regulating stock externalities
Gerlagh, Reyer; Heijmans, Roweno - 2018
We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on informational constraints. We identify the most...
Persistent link: https://www.econbiz.de/10011939765
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Emission pricing and capital replacement : evidence from aircraft fleet renewal
Jong, Gerben de - 2022
This paper empirically studies how emission pricing affects capital replacement and adoption of embodied environmental technology. A pricing policy encourages firms to accelerate retirement of old capital assets and replace them with newer more efficient assets, but this may crowd out...
Persistent link: https://www.econbiz.de/10013359048
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The Effect of Allowing Pollution Offsets with Imperfect Enforcement
Sigman, Hilary - 2014
Several pollution control regimes, including climate change policies, allow polluters in one sector subject to an … emissions cap to offset excessive emissions in that sector with pollution abatement in another sector. The government may often … may increase pollution abatement and reduce illegal pollution, even if the government has a fixed enforcement budget. We …
Persistent link: https://www.econbiz.de/10013069284
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Going green by putting a price on pollution: firm-level evidence from the EU
De Jonghe, Olivier; Mulier, Klaas; Schepens, Glenn - 2020
This paper shows that, when the price of emission allowances is sufficiently high, emission trading schemes improve the emission efficiency of highly polluting firms. The efficiency gain comes from a relative decrease in emissions rather than a relative increase in operating revenue. Part of the...
Persistent link: https://www.econbiz.de/10012309915
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Non-Separable Pollution Control : Implications for a CO2 Emissions Cap and Trade System
Agee, Mark D.; Atkinson, Scott; Crocker, Thomas D.; … - 2015
(production capital, pollution control capital, labor, and energy) and a bad input (sulfur burned) to produce good outputs … for this jointness increases the cost of pollution control, making it less acceptable to the public and its policymakers …
Persistent link: https://www.econbiz.de/10014161840
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Trade policy uncertainty, offshoring, and the environment : evidence from US manufacturing establishments
Choi, Jaerim; Hyun, Jay; Kim, Gueyon; Park, Ziho - 2023
on establishment-level pollution emissions and business characteristics - including trade activities and global … trade policy uncertainty. Emission abatement is mainly driven by a decline in pollution emission intensity, and not by … pollution haven hypothesis whereby offshoring is central to the mechanism - US manufacturers begin to source from abroad and …
Persistent link: https://www.econbiz.de/10013540780
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The effect of allowance allocations on cap-and-trade system performance
Hahn, Robert William; Stavins, Robert N. - 2010
can establish the overall pollution-reduction goal for a cap-and-trade system by setting the cap, and leave it up to the …
Persistent link: https://www.econbiz.de/10008732179