Published October 6, 2017
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A Theoretical Analysis of the Demand for Emission Licenses
- Creators
- Hahn, Robert W.
Abstract
The issue of how firms with inputs of variable quality will react in a market for transferable emissions licenses is analyzed. First, it is shown that the derived demand for licenses will, in general, be downward sloping. This is followed by a discussion of the effects of imperfections in product and factor markets on abatement decisions.
Additional Information
The work reported here was supported in part by the California Air Resources Board. I wish to thank Roger Noll and James Quirk for providing helpful comments. All views and conclusions expressed herein are my responsibility.Attached Files
Published - sswp392.pdf
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sswp392.pdf
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Additional details
- Eprint ID
- 82101
- Resolver ID
- CaltechAUTHORS:20171004-170548854
- California Air Resources Board
- Created
-
2017-10-06Created from EPrint's datestamp field
- Updated
-
2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 392