Markets of concentration permits: The case of manure policy

Document Outline

• Markets of concentration permits: The case of manure policy
  • 1. Introduction
  • 2. The Flemish Manure Policy as a CPT Case
    • 2.1. Comparing CPT with EPT
    • 2.2. Description of the Flemish Manure Problem and Policy as a CPT Case
  • 3. Method
    • 3.1. The NAR Market Model
    • 3.2. Price of NARs
    • 3.3. Specification of Costs and Benefits from Trade of NARs
    • 3.4. Data
  • 4. Results
    • 4.1. Economic Efficiency
    • 4.2. Environmental Effectiveness
    • 4.3. Wider Economic Effects: Competitiveness and Distribution
    • 4.4. Dynamic and Soft Effects
    • 4.5. Administrative Costs
  • 5. Discussion and Conclusion
  • Acknowledgements
  • References