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Policy and Entrepreneurial Responses to the Montreal Protocol: Some Evidence from the Dynamic Asian Economies

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  • David O’Connor
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    Abstract

    This Technical Paper examines: (i) how the governments of the six dynamic Asian economies — Hong Kong, Korea, Malaysia, Singapore, Taiwan, and Thailand — have responded to the challenge posed by the Montreal Protocol to reduce their consumption of ozone-depleting substances like chlorofluorocarbons (CFCs) and methyl chloroform (MC); (ii) how electronics firms in those economies have coped with the technical and other problems involved in substituting for CFC-113 and MC in their cleaning operations. The paper shows how different national control strategies and policy frameworks can shape incentives for conservation and recycling; countries with quantitative restrictions in place have been highly effective in curtailing CFC consumption. Once quotas are in place, governments do well to devise an allocation system that enables them to capture the bulk of the quota rents to finance measures designed to facilitate the phase-out effort. Substantial reductions through conservation measures ... Deux questions importantes sont analysées dans ce document technique: (i) comment les gouvernements des six économies dynamiques d'Asie - Hong Kong, Corée, Malaisie, Singapour, Taiwan et Thaïlande - ont répondu au defi posé par le Protocole de Montréal exigeant une réduction de leur consommation de produits tels que l'hydrocarbure chlorofluoré (CFCs) et le méthyle chloroforme (MC) qui détruisent la couche d'ozone; (ii) comment les firmes d'électronique situées dans ces économies ont résolu les problèmes techniques et autres causés par le remplacement du CFC-113 et du MC utilisés pour leurs opérations de nettoyage. Ce document montre de quelle manière les différentes stratégies de contrôle et les structures des politiques nationales peuvent influencer les incitations relatives à la conservation et au recyclage. Dans les pays où les restrictions quantitatives ont été appliquées la réduction de consommation du CFC a été importante. Dès la mise en place des quotas les gouvernements ont ...

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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Development Centre Working Papers with number 51.

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    Date of creation: Dec 1991
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    Handle: RePEc:oec:devaaa:51-en

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