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dc.contributor.authorTsakiris, Nikosen
dc.contributor.authorHatzipanayotou, Panosen
dc.contributor.authorMichael, Michael S.en
dc.creatorTsakiris, Nikosen
dc.creatorHatzipanayotou, Panosen
dc.creatorMichael, Michael S.en
dc.date.accessioned2021-01-25T09:10:04Z
dc.date.available2021-01-25T09:10:04Z
dc.date.issued2018
dc.identifier.issn1467-9779
dc.identifier.urihttp://gnosis.library.ucy.ac.cy/handle/7/62927
dc.description.abstractWe build a two asymmetric regions model with cross-border pollution related to production. Each region issues emission permits and revenues from their sales finance public pollution abatement. The decentralized level of emission permits is efficient when permits are interregionally tradable and cross-border pollution is perfect. This result is robust in a variety of cases—for example, when (i) capital is immobile or internationally mobile or only mobile between the two regions, and (ii) revenue from permits sales is transferred to a federal authority.en
dc.language.isoenen
dc.sourceJournal of Public Economic Theoryen
dc.source.urihttps://onlinelibrary.wiley.com/doi/abs/10.1111/jpet.12296
dc.titleThe efficiency of decentralized environmental policies under global pollution and tradable emission permitsen
dc.typeinfo:eu-repo/semantics/article
dc.identifier.doi10.1111/jpet.12296
dc.description.volume20
dc.description.issue4
dc.description.startingpage541
dc.description.endingpage556
dc.author.facultyΣχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and Management
dc.author.departmentΤμήμα Οικονομικών / Department of Economics
dc.type.uhtypeArticleen
dc.contributor.orcidMichael, Michael S. [0000-0002-7642-1261]
dc.contributor.orcidHatzipanayotou, Panos [0000-0002-7176-1347]
dc.gnosis.orcid0000-0002-7642-1261
dc.gnosis.orcid0000-0002-7176-1347


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