Emissions Trading and Profitability: The Swedish Pulp and Paper Industry
The purpose of this paper is to develop models with and without emissions trading and to compare industry profits under the two regimes. The model in which emissions trading is permitted is a nonparametric industry frontier model in the spirit of Fare, Grosskopf and Li (1992). It is relative to this model that industry profit is computed. This profit is compared to the profit without emissions trading to give an estimate of the potential gains that can be realised by allowing for emissions trading. The model, which is applied to data for the Swedish pulp and paper industry, thus provides evidence as to the cost efficiency of the prevailing individual regulations for this particular industry.
|Date of creation:||30 Jun 1995|
|Date of revision:|
|Note:||Scientific Workplace, Pentium PC, HP 4/MV (postscript), pages: 14; figures: none; tables: 5 (in body). Two files were FTP'ed: binary .dvi and ASCII input file. Paper was compiled for A4 paper, but there is no loss printing to letter.|
|Contact details of provider:|| Web page: http://184.108.40.206|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fare, Rolf & Grosskopf, Shawna & Li, Sung-Ko, 1992. " Linear Programming Models for Firm and Industry Performance," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(4), pages 599-608.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpot:9506001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If references are entirely missing, you can add them using this form.