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    題名: A trading-ratio system for trading water pollution discharge permits
    作者: 洪鳴丰;Hung, Ming-feng;Shaw, Daigee
    貢獻者: 淡江大學產業經濟學系
    關鍵詞: Trading ratio;Water pollution;Tradable discharge permit;Location effect;Transfer coefficient;Cost-effectiveness;Hot spot;Sequential bilateral trading procedure;Transaction cost;Free rider
    日期: 2005-01
    上傳時間: 2009-11-30 17:57:09 (UTC+8)
    出版者: Elsevier
    摘要: The fact that water flows to the lowest level uni-directionally is a very specific and useful property of water. By utilizing this property, we design a trading-ratio system (TRS) of tradable discharge permits for water pollution control. Such a trading-ratio system has three main characteristics: (1) the zonal effluent cap is set by taking into account the water pollutant loads transferred from the upstream zones; (2) the trading ratios are set equal to the exogenous transfer coefficients among zones; and (3) permits are freely tradable among dischargers according to the trading ratios. This paper shows that the TRS can take care of the location effect of a discharge and can achieve the predetermined standards of environmental quality at minimum aggregate abatement costs. Problems with hot spots and free riding can be avoided, and the burdens on both dischargers and the environmental authority should be relatively light.
    關聯: Journal of Environmental Economics and Management 49(1), pp.83-102
    DOI: 10.1016/j.jeem.2004.03.005
    顯示於類別:[產業經濟學系暨研究所] 期刊論文

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