Il sistema dei permessi negoziabili per la gestione dell’acqua: un’analisi dei principali casi di studio
AbstractIn the last few years, the increasingly problematic issues of water scarcity and pollution have led to a rise in the application of tradable permits to the water sector. However, a critical evaluation of their application is still missing from the literature. To overcome this problem, the present work aims at providing a critical survey of the main schemes of tradable water abstraction rights and pollution rights in operation in various countries. The advantages and disadvantages that emerge in each case are emphasised, in order to explain fully to what extent this market instrument can be employed in the water sector, and thus derive useful indications for future applications. Despite the potential benefits of tradable permits and the success reported in some contexts, from the present casestudy analysis it turns out that several factors, including lack of sufficient market competition, may sometimes hinder their functioning in practice.
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Bibliographic InfoArticle provided by Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore in its journal Rivista Internazionale di Scienze Sociali.
Volume (Year): 116 (2008)
Issue (Month): 2 ()
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Tradeable permits; water; pollution rights; abstraction rights; environment;
Find related papers by JEL classification:
- H8 - Public Economics - - Miscellaneous Issues
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L5 - Industrial Organization - - Regulation and Industrial Policy
- Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
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