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Optimisation of implementation policies of environmental quota trade

Jeroen Buysse UGent, Bart Van der Straeten UGent, Stephan Nolte UGent, Dakerlia Claeys and Ludwig Lauwers UGent (2012) EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS. 39(1). p.95-113
abstract
This paper analyses implementation policies of environmental quota trade, with the Flemish nutrient production rights as an example. Implementation policies concern the transaction quantity, quota reduction and prevention of speculation. They are analysed with a static and a dynamic multi-agent quota trade model. The static model with discrete non-auctioned quota trade shows that the obligation for quota sellers to entirely stop their production stimulates structural change. The dynamic model version indicates that a flat rate reduction on traded quota and measures taken to prevent speculation combined with too low penalties for overuse stimulate the total production.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (proceedingsPaper)
publication status
published
subject
keyword
dynamic programming, transaction costs, production rights, quota, IMPACT, VALUES, EFFICIENCY
journal title
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS
Eur. Rev. Agric. Econ.
volume
39
issue
1
pages
95 - 113
conference name
114th EAAE seminar on Structural Change in Agriculture
conference location
Berlin, Germany
conference start
2010-04-15
conference end
2010-04-16
Web of Science type
Article; Proceedings Paper
Web of Science id
000298657900006
JCR category
AGRICULTURAL ECONOMICS & POLICY
JCR impact factor
1.854 (2012)
JCR rank
2/14 (2012)
JCR quartile
1 (2012)
ISSN
0165-1587
DOI
10.1093/erae/jbr044
language
English
UGent publication?
yes
classification
A1
copyright statement
I have transferred the copyright for this publication to the publisher
id
2033131
handle
http://hdl.handle.net/1854/LU-2033131
date created
2012-02-15 11:03:31
date last changed
2015-06-17 09:57:14
@article{2033131,
  abstract     = {This paper analyses implementation policies of environmental quota trade, with the Flemish nutrient production rights as an example. Implementation policies concern the transaction quantity, quota reduction and prevention of speculation. They are analysed with a static and a dynamic multi-agent quota trade model. The static model with discrete non-auctioned quota trade shows that the obligation for quota sellers to entirely stop their production stimulates structural change. The dynamic model version indicates that a flat rate reduction on traded quota and measures taken to prevent speculation combined with too low penalties for overuse stimulate the total production.},
  author       = {Buysse, Jeroen and Van der Straeten, Bart and Nolte, Stephan and Claeys, Dakerlia and Lauwers, Ludwig},
  issn         = {0165-1587},
  journal      = {EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS},
  keyword      = {dynamic programming,transaction costs,production rights,quota,IMPACT,VALUES,EFFICIENCY},
  language     = {eng},
  location     = {Berlin, Germany},
  number       = {1},
  pages        = {95--113},
  title        = {Optimisation of implementation policies of environmental quota trade},
  url          = {http://dx.doi.org/10.1093/erae/jbr044},
  volume       = {39},
  year         = {2012},
}

Chicago
Buysse, Jeroen, Bart Van der Straeten, Stephan Nolte, Dakerlia Claeys, and Ludwig Lauwers. 2012. “Optimisation of Implementation Policies of Environmental Quota Trade.” European Review of Agricultural Economics 39 (1): 95–113.
APA
Buysse, Jeroen, Van der Straeten, B., Nolte, S., Claeys, D., & Lauwers, L. (2012). Optimisation of implementation policies of environmental quota trade. EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS, 39(1), 95–113. Presented at the 114th EAAE seminar on Structural Change in Agriculture.
Vancouver
1.
Buysse J, Van der Straeten B, Nolte S, Claeys D, Lauwers L. Optimisation of implementation policies of environmental quota trade. EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS. 2012;39(1):95–113.
MLA
Buysse, Jeroen, Bart Van der Straeten, Stephan Nolte, et al. “Optimisation of Implementation Policies of Environmental Quota Trade.” EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS 39.1 (2012): 95–113. Print.