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To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile

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Author Info
Coria, Jessica () (Department of Economics, School of Business, Economics and Law, Göteborg University)
Löfgren, Åsa () (Department of Economics, School of Business, Economics and Law, Göteborg University)
Sterner, Thomas () (Department of Economics, School of Business, Economics and Law, Göteborg University)

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Abstract

Whether tradable permits are appropriate for use in transition and developing economies—given special social and cultural circumstances, such as the lack of institutions and lack of expertise with marketbased policies—is much debated. We conducted interviews and surveyed a sample of firms subject to emissions trading programs in Santiago, Chile, one of the first cities outside the OECD that has implemented such trading. The information gathered allow us to study what factors affect the performance of the trading programs in practice and the challenges and advantages of applying tradable permits in less developed countries.

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File URL: http://hdl.handle.net/2077/21313
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Publisher Info
Paper provided by Göteborg University, Department of Economics in its series Working Papers in Economics with number 390.

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Length: 33 pages
Date of creation: 23 Oct 2009
Date of revision:
Handle: RePEc:hhs:gunwpe:0390

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, Göteborg University Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Related research
Keywords: Tradable Permits; Developing Countries; Environmental Policy; Environmental Institutions;

Find related papers by JEL classification:
Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting
Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
R52 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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This page was last updated on 2009-11-19.

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