2008
DOI: 10.1016/j.ecolecon.2008.01.020
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Designing, testing and implementing a trial dryland salinity credit trade scheme

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Cited by 23 publications
(20 citation statements)
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“…We focus here on two key arguments related to the potential of PCT to generate behavioural change. Firstly it is suggested that from an economic efficiency point of view, individual energy consumption reduction appears to be achievable more efficiently downstream, as the market mechanisms allow for the equalisation of the marginal abatement costs for the participants and for a higher degree of flexibility in the switch towards less polluting behaviour (Connor et al 2008;Joskow et al 1998). However, PCT schemes are more complex and expensive instruments than taxes, because of the involvement of trading and the necessary transaction costs, and this could potentially reduce behavioural impact and the overall acceptability of such schemes (Bristow et al 2010).…”
Section: Theory and Review Of The Literaturementioning
confidence: 99%
“…We focus here on two key arguments related to the potential of PCT to generate behavioural change. Firstly it is suggested that from an economic efficiency point of view, individual energy consumption reduction appears to be achievable more efficiently downstream, as the market mechanisms allow for the equalisation of the marginal abatement costs for the participants and for a higher degree of flexibility in the switch towards less polluting behaviour (Connor et al 2008;Joskow et al 1998). However, PCT schemes are more complex and expensive instruments than taxes, because of the involvement of trading and the necessary transaction costs, and this could potentially reduce behavioural impact and the overall acceptability of such schemes (Bristow et al 2010).…”
Section: Theory and Review Of The Literaturementioning
confidence: 99%
“…regulatory standards, economic incentives, and suasive mechanisms) on these impediments and determinants of adoption of desired management practices (Horan and Ribaudo 1999;Sterner 2003;Prokopy et al 2008). However, often, little is known about these determinants (Ma et al 2009) or the effectiveness of policy instruments in addressing them (Connor et al 2008b). There is a need to understand key determinants of adoption of water quality management and the careful selection and scheduling of policy instruments (or policy design) for addressing them for the effective mitigation of agricultural non-point source pollution.…”
Section: Introductionmentioning
confidence: 99%
“…Market-based instruments are increasingly considered as regulatory options for managing public good resource problems such as cumulative impacts of natural resource use (Weber and Adamowicz 2002) and provision of environmental services (Connor et al 2008). Determining which type of MBI and the design principles behind its implementation deserves careful consideration of property rights, risk, flexibility, equity and the evolution of the instrument over time (Whitten and Young 2004), and the institutional setting of the MBI will influence how incentives are perceived and acted upon by traders (see Reeson 2008).…”
Section: Introductionmentioning
confidence: 99%