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Costos de cumplimiento de un sistema de permisos de emisión. Aplicación a fuentes fijas en Talcahuano, Chile

Listed author(s):
  • Ponce, Roberto

    (Instituto de Economía y Recursos Naturales (IERN))

  • Chávez, Carlos

    (Universidad de Concepción)

This article analyzes the cost-effective property of a transferable emissions permit system (TEPS) vis à vis a command and control environmental regulation. In contrast with the previous literature, our analysis consider, in addition to the abatement costs, the cost of enforcing each regulatory system to induce compliance. The evaluated policies allow the regulator to reduce the aggregate level of emissions of particulate matter in the city of Talcahuano, Chile. Our results show that reducing the aggregate level of emissions using a TEPS is 55% cheaper than imposing a command-an-control regulation. The cost-effective property of a market-based environmental regulation is robust to different levels for the parameters used in the simulations. However, changes on the target level of the aggregate emissions causes important variations in the magnitude of cost savings between the regulatory policies considered.// En este trabajo analizamos la propiedad de costo-efectividad de un sistema de permisos de emisión transferibles (SPET) frente a una política de comando y control. En contraste con la bibliografía del tema nuestro análisis considera, además de los costos del abatimiento, los costos de la fiscalización para inducir el cumplimiento asociados a cada sistema de control. Las políticas evaluadas permitirían reducir las emisiones de material particulado en fuentes fijas en la ciudad de Talcahuano, Chile. Nuestros resultados indican que reducir el nivel agregado de emisiones de material particulado por medio de SPET es 55% más barato que el que utiliza una política de comando y control. La propiedad de costo-efectividad de la política de mercado es robusta a cambios en los parámetros utilizados. No obstante, cambios en la meta ambiental generan variaciones importantes en la magnitud del ahorro de costos entre las políticas consideradas.

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Article provided by Fondo de Cultura Económica in its journal El Trimestre Económico.

Volume (Year): LXXII (4) (2005)
Issue (Month): 288 (octubre-diciembre)
Pages: 847-876

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Handle: RePEc:elt:journl:v:72:y:2005:i:288:p:847-876
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