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A trading-ratio system for trading water pollution discharge permits

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  • Hung, Ming-Feng
  • Shaw, Daigee

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

Volume (Year): 49 (2005)
Issue (Month): 1 (January)
Pages: 83-102

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Handle: RePEc:eee:jeeman:v:49:y:2005:i:1:p:83-102

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Web page: http://www.elsevier.com/locate/inca/622870

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References

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  1. Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, vol. 5(3), pages 395-418, December.
  2. Ger Klaassen & Finn Førsund & Markus Amann, 1994. "Emission trading in Europe with an exchange rate," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 4(4), pages 305-330, August.
  3. Hahn, Robert W, 1984. "Market Power and Transferable Property Rights," The Quarterly Journal of Economics, MIT Press, vol. 99(4), pages 753-65, November.
  4. McGartland, Albert, 1988. "A comparison of two marketable discharge permits systems," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 35-44, March.
  5. Y. Ermoliev & M. Michalevich & A. Nentjes, 2000. "Markets for Tradeable Emission and Ambient Permits: A Dynamic Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 15(1), pages 39-56, January.
  6. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, October.
  7. van Egteren, Henry & Weber, Marian, 1996. "Marketable Permits, Market Power, and Cheating," Journal of Environmental Economics and Management, Elsevier, vol. 30(2), pages 161-173, March.
  8. Finn Førsund & Eric NÆvdal, 1998. "Efficiency Gains Under Exchange-Rate Emission Trading," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 12(4), pages 403-423, December.
  9. Tom Tietenberg, 1995. "Tradeable permits for pollution control when emission location matters: What have we learned?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 5(2), pages 95-113, March.
  10. Hahn, Robert W., 1986. "Trade-offs in designing markets with multiple objectives," Journal of Environmental Economics and Management, Elsevier, vol. 13(1), pages 1-12, March.
  11. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521311120, October.
  12. Weber, Marian L., 2001. "Markets for Water Rights under Environmental Constraints," Journal of Environmental Economics and Management, Elsevier, vol. 42(1), pages 53-64, July.
  13. Krupnick, Alan J. & Oates, Wallace E. & Van De Verg, Eric, 1983. "On marketable air-pollution permits: The case for a system of pollution offsets," Journal of Environmental Economics and Management, Elsevier, vol. 10(3), pages 233-247, September.
  14. Atkinson, Scott & Tietenberg, Tom, 1991. "Market failure in incentive-based regulation: The case of emissions trading," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 17-31, July.
  15. McGartland, Albert M. & Oates, Wallace E., 1985. "Marketable permits for the prevention of environmental deterioration," Journal of Environmental Economics and Management, Elsevier, vol. 12(3), pages 207-228, September.
  16. Wendong Tao & Bo Zhou & William Barron & Weimin Yang, 2000. "Tradable Discharge Permit System for Water Pollution: Case of the Upper Nanpan River of China," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 15(1), pages 27-38, January.
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Citations

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Cited by:
  1. Feng, Hongli & Jha, Manoj & Gassman, Philip W., 2006. "The Allocation of Nutrient Load Reduction Across a Watershed: Assessing Delivery Coefficients As an Implementation Tool," Staff General Research Papers 12554, Iowa State University, Department of Economics.
  2. James Shortle & Richard D. Horan, 2013. "Policy Instruments for Water Quality Protection," Annual Review of Resource Economics, Annual Reviews, vol. 5(1), pages 111-138, June.
  3. Feng, Hongli & Jha, Manoj K. & Gassman, Philip W., 2006. "Allocating Nutrient Load Reduction across a Watershed: Implications of Different Principles," 2006 Annual meeting, July 23-26, Long Beach, CA 21131, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Yates, Andrew J. & Doyle, Martin W. & Rigby, J.R. & Schnier, Kurt E., 2013. "Market power, private information, and the optimal scale of pollution permit markets with application to North Carolina's Neuse River," Resource and Energy Economics, Elsevier, vol. 35(3), pages 256-276.
  5. Liu, Zheng & Schieffer, Jack & Hu, Wuyang & Pagoulatos, Angelos, 2011. "Nonpoint Source Abatement Costs in the Kentucky River Watershed," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103633, Agricultural and Applied Economics Association.
  6. Baomin Dong & Debing Ni & Yuntong Wang, 2012. "Sharing a Polluted River Network," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 53(3), pages 367-387, November.
  7. Valcu, Adriana & Rabotyagov, Sergey S. & Kling, C.L., 2013. "Flexible Practice-Based Approaches For Controlling Multiple Agricultural Nonpoint-Source Water Pollution," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150450, Agricultural and Applied Economics Association.
  8. Sheila M. Olmstead, 2010. "The Economics of Water Quality," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 44-62, Winter.
  9. Quinn, Nigel W.T., 2011. "Adaptive implementation of information technology for real-time, basin-scale salinity management in the San Joaquin Basin, USA and Hunter River Basin, Australia," Agricultural Water Management, Elsevier, vol. 98(6), pages 930-940, April.
  10. Sergey Rabotyagov & Adriana Valcu & Catherine L. Kling, 2012. "Reversing the Property Rights: Practice-Based Approaches for Controlling Agricultural Nonpoint-Source Water Pollution When Emissions Aggregate Nonlinearly," Center for Agricultural and Rural Development (CARD) Publications 12-wp533, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  11. Arthur Caplan, 2008. "Incremental and Average Control Costs in a Model of Water Quality Trading with Discrete Abatement Units," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 41(3), pages 419-435, November.
  12. Boisvert, Richard N. & Poe, Gregory L. & Sado, Yukako, 2007. "Selected Economic Aspects of Water Quality Trading: A Primer and Interpretive Literature Review," EB Series 121835, Cornell University, Department of Applied Economics and Management.
  13. R. Prabodanie & John Raffensperger & Mark Milke, 2010. "A Pollution Offset System for Trading Non-Point Source Water Pollution Permits," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 45(4), pages 499-515, April.
  14. Zhao, Tianli & Sado, Yukako & Boisvert, Richard N. & Poe, Gregory L., 2009. "“Open Markets” v. “Structured Bilateral Trades”: Results of Economic Modeling of Point-to-Point Source Water Quality Trading in the Non-Tidal Passaic River Basin," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49509, Agricultural and Applied Economics Association.
  15. Marianne Keudel, 2006. "Water Quality Trading: Theoretical and Practical Approaches," IWP Discussion Paper Series 01/2006, Institute for Economic Policy, Cologne, Germany.
  16. Simon Anastasiadis & Marie-Laure Nauleau & Suzi Kerr & Tim Cox & Kit Rutherford, 2011. "Does Complex Hydrology Require Complex Water Quality Policy? NManager Simulations for Lake Rotorua," Working Papers 11_14, Motu Economic and Public Policy Research.
  17. Ghosh, Gaurav & Kwasnica, Anthony & Shortle, James, 2010. "A Laboratory Experiment to Compare Two Market Institutions for Emissions Trading," FCN Working Papers 18/2010, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  18. Karen Fisher-Vanden & Sheila Olmstead, 2013. "Moving Pollution Trading from Air to Water: Potential, Problems, and Prognosis," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 147-72, Winter.

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