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Effectiveness of Multiple-Policy Instruments: Evidence from the Greenhouse Gas Reduction Policy in Japan

Author

Listed:
  • Naonari Yajima

    (Waseda INstitute of Political EConomy, Waseda University)

  • Toshi H. Arimura

    (Faculty of Political Science and Economics, Waseda University
    Research Institute for Environmental Economics and Management, Waseda University)

Abstract

“Management-based regulation” has no tangible incentives and such regulations may not be effective. Therefore, a mixed policy that uses both “management-based regulation” and with some clear incentives may be effective and necessary. In this paper, we investigate the effectiveness of combination of “management-based regulation”, some economic incentives and/or information provision on climate change actions. We focus on the “Emissions Reduction Program” (ERP) in Japan, which is one of “management-based regulation”, aiming to promote large facilities reducing greenhouse gas (GHG) emissions. Using the prefecture-industry level aggregated data, we find that information provision, reward for good practices and designation of responsible department for climate change has positive impacts on GHG emissions reduction under ERP.

Suggested Citation

  • Naonari Yajima & Toshi H. Arimura, 2019. "Effectiveness of Multiple-Policy Instruments: Evidence from the Greenhouse Gas Reduction Policy in Japan," Working Papers 1916, Waseda University, Faculty of Political Science and Economics.
  • Handle: RePEc:wap:wpaper:1916
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    References listed on IDEAS

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    Keywords

    Management-based regulation; Provincial-level policy; Greenhouse gas reduction;
    All these keywords.

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