s'authentifier
version française rss feed
HAL : halshs-00704272, version 1

Fiche détaillée  Récupérer au format
Journal of Environmental Economics and Management 64, 1 (2012) 102-116
Policy for the adoption of new environmental monitoring technologies to manage stock externalities
Katrin Millock 1, 2, Angels Xabadia 3, David Zilberman 4
(07/2012)

With the development of modern information technologies, relying on nanotechnologies and remote sensing, a number of systems can be envisaged that allow for monitoring of the negative externalities generated by producers, consumers or travelers - road pricing schemes or individual emission meters for automobiles are two examples. We analyze a dynamic model of stock pollution when the regulator has incomplete information on emissions generated by heterogeneous agents. Our contribution is to explicitly study a decentralized policy for adoption of monitoring equipment over time. We determine second-best tax rates, the pattern of monitoring technology adoption, and identify conditions for the voluntary diffusion of monitoring technologies over time. Simulations show the welfare gains compared to alternative policies.
1 :  Ecole d'Économie de Paris - Paris School of Economics (EEP-PSE)
Ecole d'Économie de Paris
2 :  Centre d'économie de la Sorbonne (CES)
CNRS : UMR8174 – Université Paris I - Panthéon-Sorbonne
3 :  Department of Economics
University of Girona
4 :  Department of Agricultural and Resource Economics
University of California, Berkeley
Axe Environnement
Sciences de l'Homme et Société/Economie et finances

Sciences de l'environnement/Environnement et Société
externalities – environmental taxation – monitoring technology adoption – diffusion – nanotechnologies – stock pollution