by Jessica Coria, Åsa Lofgren and Thomas Sterner
- Whether tradable permits are appropriate for transition and developing economies is much debated. We conducted interviews and surveyed a sample of firms subject to emissions trading programs in Santiago, Chile, one of the first cities outside the OECD that has implemented such trading. The information gathered allowed us to study which factors affect the performance of the trading programs in practice and the challenges and advantages of applying tradable permits in less developed countries.
Coria, J., Å. Lofgren and T. Sterner (2009). "To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile." RFF Discussion Paper EfD 09-25, Nov 2009.
