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, 43 (3), December, 291-304 -- 17. David W. Pearce and Giles D. Atkinson (1993), 'Capital Theory and the Measurement of …
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In recent years, there has been a steady rise in the use of marketable permits in environmental regulation. They have been employed as tools to control both air and water pollution, and have been implemented on local, regional, and national scales. These trading regimes - based upon a single...
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