Implementation strategy and emission reduction effectiveness of carbon cap-and-trade in heterogeneous enterprises
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ijpe.2022.108501
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ghosh, Debabrata & Shah, Janat, 2012. "A comparative analysis of greening policies across supply chain structures," International Journal of Production Economics, Elsevier, vol. 135(2), pages 568-583.
- Robert W. Hahn, 1984.
"Market Power and Transferable Property Rights,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 753-765.
- Hahn, Robert W., 1982. "Market Power and Transferable Property Rights," Working Papers 402, California Institute of Technology, Division of the Humanities and Social Sciences.
- Feng, Hongli & Zhao, Jinhua, 2006.
"Alternative intertemporal permit trading regimes with stochastic abatement costs,"
Resource and Energy Economics, Elsevier, vol. 28(1), pages 24-40, January.
- Feng, Hongli & Zhao, Jinhua, 2002. "Alternative Intertemporal Permit Trading Regimes with Stochastic Abatement Costs," Staff General Research Papers Archive 10057, Iowa State University, Department of Economics.
- Feng, Hongli & Zhao, Jinhua, 2006. "Alternative intertemporal permit trading regimes with stochastic abatement costs," ISU General Staff Papers 200601010800001338, Iowa State University, Department of Economics.
- Hongli Feng & Jinhua Zhao, 2002. "Alternative Intertemporal Permit Trading Regimes with Stochastic Abatement Costs," Center for Agricultural and Rural Development (CARD) Publications 02-wp318, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Sam Aflaki & Serguei Netessine, 2017. "Strategic Investment in Renewable Energy Sources: The Effect of Supply Intermittency," Manufacturing & Service Operations Management, INFORMS, vol. 19(3), pages 489-507, July.
- Jennifer Dinter & Steffen Rebennack & Josef Kallrath & Paul Denholm & Alexandra Newman, 2013. "The unit commitment model with concave emissions costs: a hybrid Benders’ Decomposition with nonconvex master problems," Annals of Operations Research, Springer, vol. 210(1), pages 361-386, November.
- Kling, Catherine L. & Zhao, Jinhua, 2000.
"On the long-run efficiency of auctioned vs. free permits,"
Economics Letters, Elsevier, vol. 69(2), pages 235-238, November.
- Kling, Catherine L. & Zhao, Jinhua, 2000. "On the Long-Run Efficiency of Auctioned vs. Free Permits," Staff General Research Papers Archive 1836, Iowa State University, Department of Economics.
- Mei, Qihuang & Li, Jianbin & Ursavas, Evrim & Zhu, Stuart X. & Luo, Xiaomeng, 2021. "Freight transportation planning in platform service supply chain considering carbon emissions," International Journal of Production Economics, Elsevier, vol. 240(C).
- den Elzen, Michel & Lucas, Paul & Vuuren, Detlef van, 2005. "Abatement costs of post-Kyoto climate regimes," Energy Policy, Elsevier, vol. 33(16), pages 2138-2151, November.
- Xu, Changyan & Wang, Chuanxu & Huang, Rongbing, 2020. "Impacts of horizontal integration on social welfare under the interaction of carbon tax and green subsidies," International Journal of Production Economics, Elsevier, vol. 222(C).
- Poyago-Theotoky, J.A., 2007. "The organization of R&D and environmental policy," Journal of Economic Behavior & Organization, Elsevier, vol. 62(1), pages 63-75, January.
- Zhang, Bin & Xu, Liang, 2013. "Multi-item production planning with carbon cap and trade mechanism," International Journal of Production Economics, Elsevier, vol. 144(1), pages 118-127.
- Ian Mackenzie & Nick Hanley & Tatiana Kornienko, 2008. "The optimal initial allocation of pollution permits: a relative performance approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 39(3), pages 265-282, March.
- Christoph Böhringer & Henrike Koschel & Ulf Moslener, 2008. "Efficiency losses from overlapping regulation of EU carbon emissions," Journal of Regulatory Economics, Springer, vol. 33(3), pages 299-317, June.
- Qin, Juanjuan & Fu, Huiping & Wang, Ziping & Xia, Liangjie, 2021. "Financing and carbon emission reduction strategies of capital-constrained manufacturers in E-commerce supply chains," International Journal of Production Economics, Elsevier, vol. 241(C).
- R. H. Coase, 2013.
"The Problem of Social Cost,"
Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
- Ronald H. Coase, 1960. "The Problem of Social Cost," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 5, pages 87-137, Palgrave Macmillan.
- Kwon, He-Boong & Lee, Jooh, 2019. "Exploring the differential impact of environmental sustainability, operational efficiency, and corporate reputation on market valuation in high-tech-oriented firms," International Journal of Production Economics, Elsevier, vol. 211(C), pages 1-14.
- Rustico, Erica & Dimitrov, Stanko, 2022. "Environmental taxation: The impact of carbon tax policy commitment on technology choice and social welfare," International Journal of Production Economics, Elsevier, vol. 243(C).
- Lee, Seungrae & Park, Seung Jae, 2020. "Who should lead carbon emissions reductions? Upstream vs. downstream firms," International Journal of Production Economics, Elsevier, vol. 230(C).
- Yu, Anyu & Lee, Andy & Chen, Yao, 2021. "Carbon allocation targeting with abatement capability: A firm-level study," International Journal of Production Economics, Elsevier, vol. 235(C).
- Wang, Yuyan & Yu, Zhaoqing & Jin, Mingzhou & Mao, Jiafu, 2021. "Decisions and coordination of retailer-led low-carbon supply chain under altruistic preference," European Journal of Operational Research, Elsevier, vol. 293(3), pages 910-925.
- Hong, Zhaofu & Chu, Chengbin & Yu, Yugang, 2016. "Dual-mode production planning for manufacturing with emission constraints," European Journal of Operational Research, Elsevier, vol. 251(1), pages 96-106.
- Zhang, Suyong & Wang, Chuanxu & Yu, Chao, 2019. "The evolutionary game analysis and simulation with system dynamics of manufacturer's emissions abatement behavior under cap-and-trade regulation," Applied Mathematics and Computation, Elsevier, vol. 355(C), pages 343-355.
- Jongmin Yu & Mindy L. Mallory, 2020. "Carbon price interaction between allocated permits and generated offsets," Operational Research, Springer, vol. 20(2), pages 671-700, June.
- Stavins, Robert N., 1996. "Correlated Uncertainty and Policy Instrument Choice," Journal of Environmental Economics and Management, Elsevier, vol. 30(2), pages 218-232, March.
- Cole,Daniel H., 2002. "Pollution and Property," Cambridge Books, Cambridge University Press, number 9780521001090, October.
- Feng, Hairong & Zeng, Yinlian & Cai, Xiaoqiang & Qian, Qian & Zhou, Yongwu, 2021. "Altruistic profit allocation rules for joint replenishment with carbon cap-and-trade policy," European Journal of Operational Research, Elsevier, vol. 290(3), pages 956-967.
- Yang, Wen & Pan, Yanchun & Ma, Jianhua & Yang, Tianyue & Ke, Xiao, 2020. "Effects of allowance allocation rules on green technology investment and product pricing under the cap-and-trade mechanism," Energy Policy, Elsevier, vol. 139(C).
- Chang Su & Xiaojing Liu & Wenyi Du, 2020. "Green Supply Chain Decisions Considering Consumers’ Low-Carbon Awareness under Different Government Subsidies," Sustainability, MDPI, vol. 12(6), pages 1-12, March.
- Heleen Groenenberg & Kornelis Blok, 2002. "Benchmark-based emission allocation in a cap-and-trade system," Climate Policy, Taylor & Francis Journals, vol. 2(1), pages 105-109, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Zhong, Ling & Nie, Jiajia & Yue, Xiaohang & Jin, Minyue, 2023. "Optimal design of agricultural insurance subsidies under the risk of extreme weather," International Journal of Production Economics, Elsevier, vol. 263(C).
- Na Yu & Jianghua Chen & Lei Cheng, 2022. "Evolutionary Game Analysis of Carbon Emission Reduction between Government and Enterprises under Carbon Quota Trading Policy," IJERPH, MDPI, vol. 19(14), pages 1-22, July.
- Wu, Xiaoping & Liu, Peng & Yang, Lin & Shi, Zhuangfei & Lao, Yongshuai, 2024. "Impact of three carbon emission reduction policies on carbon verification behavior: An analysis based on evolutionary game theory," Energy, Elsevier, vol. 295(C).
- Fang, Chang & Fan, Shuyi & Chi, Mingxiang & Wang, Weizhong, 2023. "The optimal remanufacturing strategy, returned quality choice and independent remanufacturers’ advantage for tackling extreme weather," International Journal of Production Economics, Elsevier, vol. 259(C).
- He, Zhenglei & Liu, Chang & Wang, Yutao & Wang, Xu & Man, Yi, 2023. "Optimal operation of wind-solar-thermal collaborative power system considering carbon trading and energy storage," Applied Energy, Elsevier, vol. 352(C).
- Feng, Huchen & Hu, Yu-Jie & Li, Chengjiang & Wang, Honglei, 2023. "Rolling horizon optimisation strategy and initial carbon allowance allocation model to reduce carbon emissions in the power industry: Case of China," Energy, Elsevier, vol. 277(C).
- Xu, Xiaoping & Yan, Luling & Choi, Tsan-Ming & Cheng, T.C.E., 2023. "When Is It Wise to Use Blockchain for Platform Operations with Remanufacturing?," European Journal of Operational Research, Elsevier, vol. 309(3), pages 1073-1090.
- Hua, Jiawen & Lin, Jun & Wang, Kai & Liu, Guoquan, 2023. "Government interventions in new technology adoption to improve product greenness," International Journal of Production Economics, Elsevier, vol. 262(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ji, Jingna & Li, Tao & Yang, Lei, 2023. "Pricing and carbon reduction strategies for vertically differentiated firms under Cap-and-Trade regulation," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 171(C).
- Cai, Jianhu & Jiang, Feiying, 2023. "Decision models of pricing and carbon emission reduction for low-carbon supply chain under cap-and-trade regulation," International Journal of Production Economics, Elsevier, vol. 264(C).
- Stavins, Robert, 2004.
"Environmental Economics,"
Working Paper Series
rwp04-051, Harvard University, John F. Kennedy School of Government.
- Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc.
- Stavins, Robert N., 2004. "Environmental Economics," Discussion Papers 10841, Resources for the Future.
- Stavins, Robert, 2004. "Environmental Economics," RFF Working Paper Series dp-04-54, Resources for the Future.
- Zhou, P. & Wang, M., 2016. "Carbon dioxide emissions allocation: A review," Ecological Economics, Elsevier, vol. 125(C), pages 47-59.
- Lambie, Neil Ross, 2009. "The role of real options analysis in the design of a greenhouse gas emissions trading scheme," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47626, Australian Agricultural and Resource Economics Society.
- Zylicz, Tomasz, 2010. "Goals and Principles of Environmental Policy," International Review of Environmental and Resource Economics, now publishers, vol. 3(4), pages 299-334, May.
- Liang Shen & Fei Lin & T. C. E. Cheng, 2022. "Low-Carbon Transition Models of High Carbon Supply Chains under the Mixed Carbon Cap-and-Trade and Carbon Tax Policy in the Carbon Neutrality Era," IJERPH, MDPI, vol. 19(18), pages 1-21, September.
- Bovenberg, A. Lans & Goulder, Lawrence H., 2002.
"Environmental taxation and regulation,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 23, pages 1471-1545,
Elsevier.
- A. Lans Bovenberg & Lawrence H. Goulder, 2001. "Environmental Taxation and Regulation," NBER Working Papers 8458, National Bureau of Economic Research, Inc.
- J. Peter Clinch & Eoin O'Neill, 2010. "Assessing the Relative Merits of Development Charges and Transferable Development Rights in an Uncertain World," Urban Studies, Urban Studies Journal Limited, vol. 47(4), pages 891-911, April.
- Sonia Schwartz, 2009. "Comment distribuer les quotas de pollution ?. Une revue de la littérature," Revue d'économie politique, Dalloz, vol. 119(4), pages 535-568.
- Revesz, Richard & Stavins, Robert, 2004.
"Environmental Law and Policy,"
Working Paper Series
rwp04-023, Harvard University, John F. Kennedy School of Government.
- Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
- Wang, Xu & Zhu, Lei & Liu, Pengfei, 2021. "Manipulation via endowments: Quantifying the influence of market power on the emission trading scheme," Energy Economics, Elsevier, vol. 103(C).
- Xu, Song & Govindan, Kannan & Wang, Wanru & Yang, Wenting, 2024. "Supply chain management under cap-and-trade regulation: A literature review and research opportunities," International Journal of Production Economics, Elsevier, vol. 271(C).
- Cao, Kaiying & Guo, Qiang & Xu, Yuqiu, 2023. "Information sharing and carbon reduction strategies with extreme weather in the platform economy," International Journal of Production Economics, Elsevier, vol. 255(C).
- Stavins, Robert, 2001.
"Lessons From the American Experiment With Market-Based Environmental Policies,"
RFF Working Paper Series
dp-01-53, Resources for the Future.
- Stavins, Robert N., 2001. "Lessons From the American Experiment With Market-Based Environmental Policies," Discussion Papers 10589, Resources for the Future.
- Stavins, Robert, 2001. "Lessons from the American Experiment with Market-Based Environmental Policies," Working Paper Series rwp01-032, Harvard University, John F. Kennedy School of Government.
- Jonathan Colmer & Ralf Martin & Mirabelle Muûls & Ulrich J. Wagner, 2020.
"Does pricing carbon mitigate climate change? Firm-level evidence from the European Union emissions trading scheme,"
CEP Discussion Papers
dp1728, Centre for Economic Performance, LSE.
- Colmer, Jonathan & Martin, Ralf & Muuls, Mirabelle & Wagner, Ulrich, 2022. "Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading Scheme," CEPR Discussion Papers 16982, C.E.P.R. Discussion Papers.
- Mirabelle Muûls & Jonathan Colmer & Ralf Martin & Ulrich J. Wagner, 2023. "Does pricing carbon mitigate climate change? Firm-level evidence from the European Union emissions trading scheme," Working Paper Research 438, National Bank of Belgium.
- Jonathan Colmer & Ralf Martin & Mirabelle Muûls & Ulrich J. Wagner, 2023. "Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence From the European Union Emissions Trading Scheme," CRC TR 224 Discussion Paper Series crctr224_2023_232v2, University of Bonn and University of Mannheim, Germany.
- Jonathan Colmer & Ralf Martin & Mirabelle Muûls & Ulrich J. Wagner, 2020. "Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence From the European Union Emissions Trading Scheme," CRC TR 224 Discussion Paper Series crctr224_2020_232, University of Bonn and University of Mannheim, Germany.
- Hong, Zhaofu & Dai, Wei & Luh, Hsing & Yang, Chenchen, 2018. "Optimal configuration of a green product supply chain with guaranteed service time and emission constraints," European Journal of Operational Research, Elsevier, vol. 266(2), pages 663-677.
- repec:zbw:bofrdp:2017_020 is not listed on IDEAS
- Aleksandar Zaklan, 2023.
"Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market,"
American Economic Journal: Economic Policy, American Economic Association, vol. 15(2), pages 526-558, May.
- Aleksandar Zaklan, 2021. "Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market," Discussion Papers of DIW Berlin 1925, DIW Berlin, German Institute for Economic Research.
- Robert W. Hahn & Robert N. Stavins, 2011.
"The Effect of Allowance Allocations on Cap-and-Trade System Performance,"
Journal of Law and Economics, University of Chicago Press, vol. 54(S4), pages 267-294.
- Robert W. Hahn & Robert N. Stavins, 2010. "The Effect of Allowance Allocations on Cap-and-Trade System Performance," NBER Working Papers 15854, National Bureau of Economic Research, Inc.
- Hahn, Robert W. & Stavins, Robert N., 2010. "The Effect of Allowance Allocations on Cap-and-Trade System Performance," Sustainable Development Papers 92707, Fondazione Eni Enrico Mattei (FEEM).
- Robert W. Hahn & Robert N. Stavins, 2010. "The Effect of Allowance Allocations on Cap-and-Trade System Performance," Working Papers 2010.80, Fondazione Eni Enrico Mattei.
- Hahn, Robert W. & Stavins, Robert Norman, 2010. "The Effect of Allowance Allocations on Cap-and-Trade System Performance," Scholarly Articles 4449098, Harvard Kennedy School of Government.
- Hahn, Robert W. & Stavins, Robert N., 2010. "The Effect of Allowance Allocations on Cap-and-Trade System Performance," Working Paper Series rwp10-010, Harvard University, John F. Kennedy School of Government.
- 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.
More about this item
Keywords
Cap-and-trade; Incentive utility; Heterogeneity; Social willingness-to-pay for environmental measures; Voluntary reduction ratio;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:248:y:2022:i:c:s0925527322000949. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.