Voluntary Agreements and Non-Verifiable Emissions
Forfattere:
Nyborg, K.
År:
2000
Referanse:
Environmental and Resource Economics
17 (2), 125-144.Sammendrag (engelsk)
If pollution is observable, but some emissions cannot be verified by court,voluntary agreements between a regulator and an industry may bewelfare-improving compared to second-best emission taxes. Such agreementsdiffer from direct regulation in a non-trivial way. The first-best optimummay be included in the set of possible agreements, even if it is notattainable using tax instruments. The non-verifiability may, for example, beassociated with delimitation problems in defining the pollution tax base.
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Kontakt:
karine.nyborg@frisch.uio.no