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Designing Economic Instruments and Participatory Institutions for Environmental Management in India

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  • M.N. Murty

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Abstract

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people’s participation in environmental management in India. It provides an intuitive description of methods for designing economic instruments and bargaining approaches. A case study describes the estimation of pollution taxes for controlling air pollution in thermal power generation in India. Another case study examining some bargaining methods that are already in force in India shows their usefulness in controlling industrial pollution. [SANDEE Working Paper No. 48-10]

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  • M.N. Murty, 2010. "Designing Economic Instruments and Participatory Institutions for Environmental Management in India," Working Papers id:2676, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2676
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249.
    2. Coggins, Jay S. & Swinton, John R., 1996. "The Price of Pollution: A Dual Approach to Valuing SO2Allowances," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 58-72, January.
    3. Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
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    Keywords

    Pollution tax; Bargaining; Collective action; Transaction costs; Decentralized solutions; India;

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