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Permit trading as an instrument to control air pollution has already been implemented in several countries, so in …
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"Permit trading is an environmental policy instrument that has received increasing levels of attention over recent … of permit trading in environmental policies. The advantages of permit trading are not only seen with respect to economic …'s environmental effectiveness. By setting a cap for the overall emissions, a given environmental target can be met. This makes permit …
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This paper analyzes resource partnerships and their influence on the environmental quality in a resource-rich country by introducing incomplete contracts, imperfect property rights protection, and a lack of valuation for the environment by the government in the South. Employing numerical...
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