On the long-run efficiency of auctioned vs. free permits

被引：20

作者：

Kling, CL ^{[1
]}

Zhao, JH ^{[1
]}

机构：

[1] Iowa State Univ Sci & Technol, Dept Econ, Ames, IA 50011 USA

来源：

ECONOMICS LETTERS | 2000年 / 69卷 / 02期

关键词：

tradable emission permits; long-run efficiency; auctioned permits; free permits;

D O I：

10.1016/S0165-1765(00)00291-3

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

When marketable permits affect the entry/exit decisions of competitive firms, the efficient proportion of auctioned vs. free permits depends on the pollutant's nature. All permits should be auctioned for global pollutants, and some should be free for local pollutants. (C) 2000 Elsevier Science S.A. All rights reserved.

引用

页码：235 / 238

页数：4