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Trading Sulphur Emissions Under the Second Sulphur Protocol

Author

Listed:
  • Forsund, F.R.
  • Naevdal, E.

Abstract

In the case emission of non-uniformly dispersed pollutants such as SO2 the negative effects depend on the location of the sources. A unit increase at one source must be compensated by either a lareg or smaller reduction at another source to keep the negative effects at the same level. Such trade ratios are referred to as exchange rates. Emission trading between countries is possible under the Second Sulphur Protocol. Exchange rate trading and third party problems are studied within a simultanous model facilitating impositions of various environmental constraints.

Suggested Citation

  • Forsund, F.R. & Naevdal, E., 1997. "Trading Sulphur Emissions Under the Second Sulphur Protocol," Memorandum 19/1997, Oslo University, Department of Economics.
  • Handle: RePEc:hhs:osloec:1997_019
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    References listed on IDEAS

    as
    1. Dewatripont, Mathias, 1987. "The role of indifference in sequential models of spatial competition : An example," Economics Letters, Elsevier, vol. 23(4), pages 323-328.
    2. Edward C. Prescott & Michael Visscher, 1977. "Sequential Location among Firms with Foresight," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 378-393, Autumn.
    3. Spagat, Michael, 1992. "Validated equilibrium and sequential spatial competition games," Mathematical Social Sciences, Elsevier, vol. 24(1), pages 49-57, August.
    4. Nilssen, T. & Sorgard, L., 1996. "Strategic Location with Asymmetric Transportation Costs," Memorandum 35/1996, Oslo University, Department of Economics.
    5. Cancian, Maria & Bills, Angela & Bergstrom, Theodore, 1995. "Hotelling Location Problems with Directional Constraints: An Application to Television News Scheduling," Journal of Industrial Economics, Wiley Blackwell, vol. 43(1), pages 121-124, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    POLLUTION ; ENVIRONMENT ; SULPHUR;

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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