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Unintended Impacts of Multiple Instruments on Technology Adoption

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  • Coria, Jessica

Abstract

There are many situations where environmental authorities use a mix of environmental policy instruments, rather than one single instrument, to address environmental concerns. For example, one instrument may be used to reduce overall emissions of a pollutant while another is used to address specific seasonal concerns. Very little work has been done on the economic impacts of the application of multiple instruments. This paper investigates the unintended impacts of the interaction of a tradable permits scheme with direct seasonal regulations on the rate of adoption of advanced abatement technologies.

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File URL: http://www.rff.org/RFF/documents/EfD-DP-09-06.pdf
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Bibliographic Info

Paper provided by Resources For the Future in its series Discussion Papers with number dp-09-06-efd.

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Date of creation: 25 Mar 2009
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Handle: RePEc:rff:dpaper:dp-09-06-efd

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Related research

Keywords: technology adoption; environmental policy; tradable permits; emissions; standards; interaction of policies;

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  1. Jung, Chulho & Krutilla, Kerry & Boyd, Roy, 1996. "Incentives for Advanced Pollution Abatement Technology at the Industry Level: An Evaluation of Policy Alternatives," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 95-111, January.
  2. Milliman, Scott R. & Prince, Raymond, 1989. "Firm incentives to promote technological change in pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 247-265, November.
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Cited by:
  1. Clara Villegas-Palacio & Jessica Coria, 2010. "On the interaction between imperfect compliance and technology adoption: taxes versus tradable emissions permits," Journal of Regulatory Economics, Springer, vol. 38(3), pages 274-291, December.

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