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Tradable Permits in Developing Countries: Evidence From Air Pollution in Chile

Coria, Jessica LU and Sterner, T (2010) In The Journal of Environment & Development 19(2). p.145-170
Abstract
Santiago was one of the first cities outside the OECD to implement a tradable permit program to control air pollution. This article looks closely at the program's performance over the past 10 years, stressing its similarities and discrepancies with trading programs implemented in developed countries and analyzing how it has reacted to regulatory adjustments and market shocks. Studying Santiago's experience allows us to say that a middle-income country such as Chile is capable of implementing this type of scheme even if much work remains before the design is really satisfactory. Considering the urgency of improving the environment in many of these countries, it is important to use the whole range of potential instruments.
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author
publishing date
type
Contribution to journal
publication status
published
subject
keywords
air pollution, environmental policy, tradable permits, developing countries
in
The Journal of Environment & Development
volume
19
issue
2
pages
145 - 170
publisher
SAGE Publications Inc.
external identifiers
  • scopus:77952500847
ISSN
1552-5465
DOI
10.1177/1070496509355775
project
BECC
language
English
LU publication?
no
id
9c25029e-f3db-4ebf-8f4c-e876b728f527 (old id 4448842)
date added to LUP
2014-05-23 12:11:35
date last changed
2018-05-29 12:03:41
@article{9c25029e-f3db-4ebf-8f4c-e876b728f527,
  abstract     = {Santiago was one of the first cities outside the OECD to implement a tradable permit program to control air pollution. This article looks closely at the program's performance over the past 10 years, stressing its similarities and discrepancies with trading programs implemented in developed countries and analyzing how it has reacted to regulatory adjustments and market shocks. Studying Santiago's experience allows us to say that a middle-income country such as Chile is capable of implementing this type of scheme even if much work remains before the design is really satisfactory. Considering the urgency of improving the environment in many of these countries, it is important to use the whole range of potential instruments.},
  author       = {Coria, Jessica and Sterner, T},
  issn         = {1552-5465},
  keyword      = {air pollution,environmental policy,tradable permits,developing countries},
  language     = {eng},
  number       = {2},
  pages        = {145--170},
  publisher    = {SAGE Publications Inc.},
  series       = {The Journal of Environment & Development},
  title        = {Tradable Permits in Developing Countries: Evidence From Air Pollution in Chile},
  url          = {http://dx.doi.org/10.1177/1070496509355775},
  volume       = {19},
  year         = {2010},
}