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Lessons from the American Experiment with Market-Based Environmental Policies
Robert N. Stavins Harvard University - John F. Kennedy School of Government; Resources for the Future; National Bureau of Economic Research (NBER) April 2002 KSG Working Paper No. RWP01-032; FEEM Working Paper No. 30.2002 Abstract: This paper draws on American experience with four categories of market-based instruments for environmental protection: charge systems; tradeable permits; market friction reduction; and government subsidy reduction. The paper examines normative and positive lessons that can be learned from these experiences.
JEL Classifications: Q28 Working Paper SeriesDate posted: February 26, 2002 ; Last revised: November 30, 2003Suggested CitationContact Information
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