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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. |
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