DOI QR코드

DOI QR Code

Welfare Analysis of Carbon Taxes and Tradable Permit Allocations: A Contest Theory Model

탄소세 정책과 배출권거래제 정책에 대한 후생 분석: 경쟁 이론을 중심으로

  • Received : 2016.05.04
  • Accepted : 2016.07.27
  • Published : 2016.09.30

Abstract

I examine the situation in which the players compete to obtain economic rents which is generated by the market-based environmental regulation, such as carbon taxes or tradable permit allocations. Drawing on contest theory, I employ the sharing rules which is devised to motivate players best effort, and consider two models in carbon taxes: one model with observable sharing rules and the other model with unobservable sharing rules. I show that, first, the overall welfare of carbon taxes is always less than that of tradable permit allocations under the model with observable sharing rules. Second, depending on the share of the preassigned allocation in tradable permit allocations, the overall welfare of carbon taxes may be larger than that of tradable permit allocations under the model with unobservable sharing rules.

본 논문은 온실가스 저감 정책인 탄소세 정책과 배출권거래제 정책을 통해 창출되는 경제지대를 획득하기 위한 집단 간의 혹은 집단 내의 경쟁 상황을 분석한다. 집단 간의 경쟁상황인 탄소세 정책에 대해 구성원들이 결정하는 성과보수를 공시하는 경우와 공시하지 않는 경우로 나누어 분석하여, 배출권거래제 정책과 후생을 비교한다. 본 논문에서 나타난 결과는 다음과 같다. 첫째, 본 논문은 집단들이 성과보수를 공시하는 경우 집단 간의 과열경쟁으로 인해 탄소세 정책이 배출권거래제 정책보다 항상 후생이 작게 된다. 둘째, 집단들이 성과보수를 공시하지 않을 경우, 탄소세 정책의 집단 간의 경쟁이 완화되어 탄소세 정책의 후생이 증가한다. 만약 배출권거래제 정책의 오염배출권 거래량이 상당히 많은 경우에는 오히려 탄소세 정책의 후생이 배출권거래제 정책보다 더 크게 된다는 것을 보였다.

Keywords

References

  1. 김승래, "녹생성장을 위한 탄소세 도입방안", 재정포럼, 제14권 제5호, 2009.
  2. 최병철, "탄소세와 배출권거래제의 정책 비교", 무역연구, 제7권 제1호, 2011.
  3. Alberto, A. and P, Francesco, 2014. "Regulation versus taxation", Journal of Public Economics, Vol. 110, 2014, pp. 146-156.
  4. Baik, K. H., "Endogenous group formation in contests: unobservable sharing rules", Journal of Economics and Management Strategy, Vol. 25, No. 2, 2016, pp. 400-419. https://doi.org/10.1111/jems.12150
  5. Baik, K. H. and J. F. Shogren, "Strategic behavior in contests: comment", American Economic Review, Vol. 82, 1992, pp. 359-362.
  6. Baik, K. H. and S, Lee., "Strategic groups and rent dissipation", Economic Inquiry, Vol. 39, 2001, pp. 672-684. https://doi.org/10.1093/ei/39.4.672
  7. Baik, K. H. and S., Lee., "Collective rent seeking when sharing rules are private information", European Jounal of Political Economy, Vol. 12, No. 3, 2007, pp. 768-776.
  8. Baik, K. H. and D, Lee., "Do rent- groups announce their sharing rules?" Economic Inquiry, Vol. 50, 2012, pp. 348-363. https://doi.org/10.1111/j.1465-7295.2009.00280.x
  9. Cramton, P. and S, Kerr., "Tradeable carbon permit auctions: How and why to auction not grandfather", Energy policy, Vol. 30, 2002, pp. 333-345. https://doi.org/10.1016/S0301-4215(01)00100-8
  10. Fischer, C., I, Parry., and W. A. Pizer, "Instrument choice for environmental protection when technological innovation is endogenous", Journal of Environmental Economics and Management, Vol. 45, 2003, pp. 523-545. https://doi.org/10.1016/S0095-0696(03)00002-0
  11. Hepburn, Cameron, et al., "Auctioning of EU ETS phase II allowances: how and why?", Climate Policy, Vol. 6, 2006, pp. 137-160. https://doi.org/10.1080/14693062.2006.9685592
  12. MacKenzie, I., "Tradable permit allocations and sequential choice", Resource and Energy Economics, Vol. 33, 2012, pp. 268-278.
  13. MacKenzie, I. and M, Ohndorf., "Cap-and-trade, taxes, and distributional conflict", Journal of Envirionmental Economics and Management, Vol. 63, 2012, pp. 51-65. https://doi.org/10.1016/j.jeem.2011.05.002
  14. MacKenzie, I., H., Nick, and K, Tatiana., "Using contests to allocate pollution rights", Energy Policy, Vol. 37, 2009, pp. 2798-2806. https://doi.org/10.1016/j.enpol.2009.03.030
  15. Requate, T. and W, Unold., "Environmental policy incentives to adopt advanced abatement technology: Will the true ranking please stand up?", European Economic Review, Vol. 47, 2003, pp. 125-146. https://doi.org/10.1016/S0014-2921(02)00188-5
  16. Aidt, T. S., "Green taxes: Refunding rules and lobbying", Journal of Envirionmental Economics and Management, Vol. 60, 2010, pp. 31-43. https://doi.org/10.1016/j.jeem.2010.04.001