FäreRolfEconomicsTradablePermitsUnrealized.pdf

Citeable URL: https://ir.library.oregonstate.edu/concern/articles/vd66w188z

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Attribute Name	Values
Creator	Färe, Rolf Grosskopf, Shawna Pasurka, Carl A., Jr.
Abstract	With the advent of tradable permit programs for bad outputs (e.g., SO₂ emissions); concerns arose over whether the theoretical gains from trade would be realized. We will employ a methodology that calculates the potential gains accruing to coal-fired electric power plants from implementing a tradable permit program. The magnitude of the potential gains in a plant's kilowatt hour output from a tradable permit program relative to its observed production provides insights into the existence of intertemporal allocative inefficiencies and spatial allocative inefficiencies after the implementation of a tradable permit program. Keywords: Joint production model, Tradable permits, SO₂ emissions
Urheberrechts-Erklärung	Copyright Not Evaluated

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2017-07-29

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