Comercio de derechos de emisión, adopción de tecnología y heterogeneidad de industrias: un enfoque experimental

摘要

The economic and environmental gains expected from particular environmental policies based on allowances trading programs depend on how they are specifically implemented in the field. In this paper we focus on a tradable permit program based on a double auction market combined with an industry structure that presents heterogeneity in conventional abatement cost functions across firms, and allows for the possibility of adopting a new low emissions technology. Our results show that there is a direct relationship between the technological heterogeneity within an industry and the efficiency of firms behavior when investing in cleaner technologies and the efficiency of the market when reaping the potential benefits from trade by way of permits reallocation