政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/71046

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 109952/140887 (78%)
Visitors : 46372296 Online Users : 851

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大典藏 > College of Social Science > Department of Public Finance > Periodical Articles > Item 140.119/71046

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/71046

Title:	The Optimal Distribution of Pollution Rights in the Presence of Political Distortions
Authors:	Lai, Yu-Bong
Contributors:	財政系
Keywords:	auction;grandfathering;interest groups;revenue-recycling effect;tradable emission permits
Date:	2007.03
Issue Date:	2014-11-03 14:58:11 (UTC+8)
Abstract:	A critical issue in designing a system of tradable emission permits concerns the distribution of the initial pollution rights. The purpose of this paper is to investigate how the initial rights should be optimally set, when the determination of the number of tradable permits is subject to the influence of interest groups. According to the Coase theorem, in the case where there are low transaction costs, the assignment of the initial rights does not affect the efficiency of the final resource allocation. In the presence of political pressure, we show that the distribution of the initial rights has a significant effect on social welfare. In contrast to the conventional results, we find that grandfathered permits may be more efficient than auctioned permits, even after taking into consideration the revenue-recycling effect.
Relation:	Environmental and Resource Economics, 36(3), 367-388.
Data Type:	article
DOI link:	http://dx.doi.org/10.1007/s10640-006-9020-4
DOI:	10.1007/s10640-006-9020-4
Appears in Collections:	[Department of Public Finance] Periodical Articles

Files in This Item:

File	Description	Size	Format
367388.pdf		307Kb	Adobe PDF2	1222	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...