Working Papers: Recent submissions

Now showing items 313-315 of 334

    • Environmental benefits and cost savings through market-based instruments : an application using state-level data from India 

      Gupta, Shreekant (MIT Center for Energy and Environmental Policy Research, 2002)
      This paper develops a methodology for estimating potential cost savings from the use of market-based instruments (MBIs) when local emissions and abatement cost data are not available. The paper provides estimates of the ...

    • Testing the efficiency of a tradeable permits market 

      Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2002)
      A tradeable permits market is said to be efficient when all affected firms trade permits until their marginal costs equal the market price. Detailed firm-level data are generally required to perform such an efficiency test, ...

    • The temporal efficiency of SO₂ emissions trading 

      Ellerman, A. Denny; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2002)
      This paper provides an empirical evaluation of the temporal efficiency of the U.S. Acid Rain Program, which implemented a nationwide market for trading and banking sulfur dioxide (SO2) emission allowances. We first develop ...