Search Results - subject:"Permit allocation"

Essays in environmental regulation and firm dynamics

Corbae, Dean (contributor) - 2011

model and test them with the data. In the third chapter, I study the relation between free permit allocation in a cap …-and-trade program and financial constraints. I use the change in the permit prices and the heterogeneity in permit allocation to …

Persistent link: https://www.econbiz.de/10009429300

Cap-and-trade and financial constraints : is investment independent of permit holdings?

Dardati, Evangelina; Riutort, Julio - In: Environmental & resource economics : the official … 65 (2016) 4, pp. 841-864

Persistent link: https://www.econbiz.de/10011649183

Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly

Betz, Regina; Calford, Evan M.; Heinzel, Christoph - 2010

We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and …

Persistent link: https://www.econbiz.de/10010270248

Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly

Betz, Regina Annette; Calford, Evan; Heinzel, Christoph - Crawford School of Public Policy, Australian National … - 2010

We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and …

Persistent link: https://www.econbiz.de/10008574078

Initial Allocation Effects in Permit Markets with Bertrand Output Oligopoly

Calford, Evan M.; Heinzel, Christoph; Betz, Regina - Crawford School of Public Policy, Australian National … - 2010

We analyse the efficiency effects of the initial permit allocation given to firms with market power in both permit and …

Persistent link: https://www.econbiz.de/10008693306

Emissions Trading with Profit-Neutral Permit Allocations

Hepburn, Cameron; Quah, John; Ritz, Robert A. - Department of Economics, Oxford University - 2008

This paper examines the operation of an emissions trading scheme (ETS) in a Cournot oligopoly. We study the impact of the ETS on industry output, price, costs, emissions, and profits. In particular, we develop formulae for the number of emissions permits that have to be freely allocated to...

Persistent link: https://www.econbiz.de/10011004312

Emissions Trading with Profit-Neutral Permit Allocations

Hepburn, Cameron; Quah, John K.-H.; Ritz, Robert A. - Economics Group, Nuffield College, University of Oxford - 2008

Persistent link: https://www.econbiz.de/10005730323

On the empirical content of carbon leakage criteria in the EU Emissions Trading Scheme

Martin, Ralf; Muûls, Mirabelle; Preux, Laure B. de; … - In: Ecological Economics 105 (2014) C, pp. 78-88

The EU Emissions Trading Scheme continues to exempt industries deemed at risk of carbon leakage from permit auctions. Carbon leakage risk is established based on the carbon intensity and trade exposure of each 4-digit industry. Using a novel measure of carbon leakage risk obtained in interviews...

Persistent link: https://www.econbiz.de/10011043598

On the empirical content of carbon leakage criteria in the EU Emissions Trading Scheme

Martin, Ralf; Muûls, Mirabelle; De Preux, Laure B.; … - In: Ecological economics : the transdisciplinary journal of … 105 (2014), pp. 78-88

Persistent link: https://www.econbiz.de/10010493273

Distributing Pollution Rights in Cap-and-Trade Programs: Are Outcomes Independent of Allocation?

Fowlie, Meredith; Perloff, Jeffrey M. - In: The Review of Economics and Statistics 95 (2013) 5, pp. 1640-1652

correlation between the initial permit allocation and firm-level emissions, raising concerns that the independence property is … failing to hold in real-world settings. We exploit the random assignment of firms to different permit allocation cycles in … Southern California's RECLAIM program in order to test the independence of permit allocation and emissions. Our results lend …

Persistent link: https://www.econbiz.de/10011009897