Cost Heterogeneity and the Potential Savings from Market-Based Policies

By Richard G. Newell, R. Stavins. 2002

243 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/82cc0962383454714d7c32cde517f5203f596ead

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In Economics and Econometrics

1. W. Lise
2. Benjamin F. Hobbs
3. Yihsu Chen
4. Jos Sijm
5. P. Jayet
6. G. Santos
7. Laura Maconi
8. Hannah Behrendt

Citations in the corpus

• Part I: Externalities and economic policies in road transport (2010, background): “Tietenberg (1985, in Newell & Stavins, 2003) compares the costs of air pollution control across ten different examples and finds ratios ranging from 1.1 to 22.15 Another advantage of IB instruments over CAC is that they lead to self-revelation of private information through the choice made 14 At…”
• Methane and Nitrous Oxide Emissions from Agriculture in the EU: A Spatial Assessment of Sources and Abatement Costs (2005, methodology): “As an illustration, Perez and Britz (2003), using the CAPRI modelling system, findmarginal abatement costs averaging 53.5 EUR/tCO2eq for a EU-wide 10%-reduction of agricultural emissions (2009 emissions compared to 1990, regional quotas) without emission trading.”
• The Incidence of U.S. Climate Policy: Alternative Uses of Revenues from a Cap-and-Trade Auction (2009, unknown): “nations, and incentive-based regulation is expected to yield emissions reductions where they are least expensive ( Newell and Stavins 2003 ).”
• The Value of Scarce Water: Measuring the Inefficiency of Municipal Regulations (2012, unknown): “The questions addressed in this paper arise from the general theoretical literature on the conditions under which gains in social welfare are possible through the introduction of markets for managing scarcity (Weitzman 1977, Suen 1990, Newell and Stavins 2003).”
• Implications of CO2 emissions trading for short-run electricity market outcomes in northwest Europe (2008, background): “In theory, such cap-and-trade programs will minimize the cost of achieving a given emission reduction target (Stavins 1995; Newell and Stavins 2003).”