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elements of most monitoring and enforcement practices: self-reporting, audit frequency and specific deterrence. I find evidence …
Persistent link: https://www.econbiz.de/10011968450
supposed to monitor. Using these shifts in sanction severity we also estimate the effectiveness of increasing enforcement on …
Persistent link: https://www.econbiz.de/10010729086
compliance incentives and social welfare in the presence of incomplete enforcement and technology adoption. We show that if the … TEPs induce lower abatement, investment, and expected enforcement costs. Therefore, the overall ranking depends on the …
Persistent link: https://www.econbiz.de/10010541863
carbon tax. In this paper, we consider and compare the enforcement problems associated with a tax regime and a cap …-and-trade regime, respectively. The paper tries to convey two main points. First, both types of regime require an effective enforcement … political process leading up to its adoption tends to water down the enforcement mechanism to a point where it no longer has …
Persistent link: https://www.econbiz.de/10011968206
The 1999 National Telecommuting and Air Quality Act created pilot programs in five metropolitan areas in the United States to examine whether a particular type of economic incentive, tradable emissions credits created from telecommuting, represents a viable strategy for reducing vehicle miles...
Persistent link: https://www.econbiz.de/10005448626
This paper provides a review and assessment of the debate over environmental federalism-the issue of the roles of different levels of government in environmental management. The paper begins with the presentation of three benchmark cases that provide a framework for thinking about the issue. It...
Persistent link: https://www.econbiz.de/10005442492
This chapter provides an economic perspective of environmental law and policy with regard to both normative and positive dimensions. It begins with an examination of the central problem in environmental regulation: the tendency of pollution generators in an unconstrained market economy to...
Persistent link: https://www.econbiz.de/10005442535
Economic approaches are expected to achieve environmental goals at less cost than traditional regulations, but they have yet to find widespread application. One reason is the way these tools interact with existing institutions. The federalist nature of governmental authority assigns to...
Persistent link: https://www.econbiz.de/10010570333
We examine the industrial effects of two measures aimed at mitigating carbon leakage: the EU's scheduled Carbon Border Adjustment Mechanism (CBAM) and the allocation of free emission allowances. Currently, the EU allocates free emission allowances based on output (known as outputbased...
Persistent link: https://www.econbiz.de/10015195399
Unilateral CO2 emission reduction can lead to carbon leakage, such as relocation of power-intensive and trade-exposed industries. In the EU emission trading system, these industries are also subjected to higher cost of electricity due to emission pricing in this sector. As a result, the...
Persistent link: https://www.econbiz.de/10014550235