A Search Model for Joint Implementation

Giovanni Bella

No 54356, Sustainable Development Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: The aim of this paper is to present a search model in the field of environmental economics, where so-called clean and dirty producers enter the trading market, both looking for a partner with whom to exchange the goods they are endowed with. The model derived in this paper is rather simple. Nevertheless, it is able to produce a series of interesting results and useful insights, and is conveniently used here as a framework to explain the functioning of Joint Implementation programmes for polluting emissions’ reduction.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 21
Date: 2009-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemdp:54356

DOI: 10.22004/ag.econ.54356

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