A Note on the Complementarity of Uniform Emission Standards and Monitoring Strategies

Carmen Arguedas () and Sandra Rousseau ()

No 2009/06, Working Papers in Economic Theory from Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History)

Abstract: Despite the well-known static cost-inefficiency of uniform emission standards to control pollution, governments continue to use them in a variety of settings. In this paper, we show that inspection agencies can sometimes use their informational advantage to design monitoring strategies that complement uniform emission standards in restoring efficiency.

Keywords: pollution standards; monitoring; non-compliance. (search for similar items in EconPapers)
JEL-codes: K42 L51 Q58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env and nep-law
Date: 2009-06
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Persistent link: http://EconPapers.repec.org/RePEc:uam:wpaper:200906

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