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Author:Böhringer, C.
Lange, A.
Title:Economic implications of alternative allocation schemes for emission allowances
Journal:Scandinavian Journal of Economics
2005 : VOL. 107:3, p. 563-581
Index terms:environmental economics
pollution charges
Freeterms:emission trading
allowance allocation
Language:eng
Abstract:In this article two policy-relevant allocation rules for emission allowances (output-based and emission-based allocation) are compared in terms of overall cost efficiency and sectoral impacts on production and employment. Findings show that emission-based allocation is more costly than output-based allocation in terms of maintaining output and employment in energy-intensive industries.
SCIMA record nr: 261582
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