central america eeu sweden | Policy design
Unintended Impacts of Multiple Instruments on Technology Adoption
This paper analyzes unintended impacts of the interaction of multiple environmental policy instruments, specifically, the effects of tradable permits and seasonal direct regulations on adoption rates of advanced abatement technologies.
When environmental emergencies are exogenous, mixing direct regulations with tradable permits induces an inefficient rate of adoption, while tradable permits maximize social welfare. If endogenous, then tradable permits and emissions standards could eventually offer a higher level of social welfare.
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- Link to pdf 333.0 kB
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- central america
- eeu sweden
Type of publication
- EfD Discussion paper
Reference
Jessica Coria, 2009, "Unintended Impacts of Multiple Instruments on Technology Adoption", EfD Discussion Paper 09-06, a joint publication of the Environment for Development Initiative and Resources for the Future (ww.rff.org), Washington DC. Mars 2009.Publications
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