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The evolution of markets for water pollution allowances in China: a case study of Jiaxing
The central question this paper asks is: How can we understand the evolution of markets for water pollution allowances? To answer, we have conducted an in-depth study of the development of water pollution allowance markets in Jiaxing, China, which was one of the first cities to experiment with these markets. We have completed a longitudinal analysis and conclude that market design is a continual learning process, with adjustments to solve issues and to respond to external changes.
The evolution of markets for water pollution allowances in China: a case study of Jiaxing
The central question this paper asks is: How can we understand the evolution of markets for water pollution allowances? To answer, we have conducted an in-depth study of the development of water pollution allowance markets in Jiaxing, China, which was one of the first cities to experiment with these markets. We have completed a longitudinal analysis and conclude that market design is a continual learning process, with adjustments to solve issues and to respond to external changes.
The evolution of markets for water pollution allowances in China: a case study of Jiaxing
Wang, Hao (author) / Meijerink, Sander (author) / van der Krabben, Erwin (author) / Yang, Huaguo (author)
Water International ; 47 ; 361-382
2022-04-03
22 pages
Article (Journal)
Electronic Resource
Unknown
BASE | 2012
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