Is Trade in Permits Good for the Environment? (2017)
Journal Article
Lapan, H., & Sikdar, S. (2017). Is Trade in Permits Good for the Environment?. Environmental and Resource Economics, 500-510. https://doi.org/10.1007/s10640-017-0202-z

We analyze the impact of trade in emission permits on environmental policy when countries trade a differentiated good. Pollution is always higher with tradable permits as compared to the case where permits are not internationally tradable. If polluti... Read More about Is Trade in Permits Good for the Environment?.