Author/Authors
Kumar، نويسنده , , Surender and Managi، نويسنده , , Shunsuke، نويسنده ,
DocumentNumber
3541023
Title Of Article
Sulfur dioxide allowances: Trading and technological progress
شماره ركورد
3070
Latin Abstract
The US Clean Air Act Amendments introduce an emissions trading system to regulate SO2 emissions. This study finds that changes in SO2 emissions prices are related to innovations induced by these amendments. We find that electricity-generating plants are able to increase electricity output and reduce emissions of SO2 and NOx from 1995 to 2007 due to the introduction of the allowance trading system. However, compared to the approximate 8% per year of exogenous technological progress, the induced effect is relatively small, and the contribution of the induced effect to overall technological progress is about 1–2%.
From Page
623
NaturalLanguageKeyword
Distance function , Sulfur dioxide allowances trading , Technological Progress , environmental policy
JournalTitle
Studia Iranica
To Page
631
To Page
631
Link To Document