Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061871 | Economics Letters | 2008 | 4 Pages |
Abstract
We demonstrate that global permit markets are Pareto efficient despite the externality type, production or consumption, when income redistribution occurs after regional environmental policymaking. Ex-ante income redistribution is neutral if emissions affect production only, but non-neutral if emissions affect consumption.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Emilson C.D. Silva, Xie Zhu,