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Cited by 5Climate Change Policy and EconomicsEnergy, Environment, Economic GrowthMerger and Competition Analysis

Emissions trading with transaction costs

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Baudry, Marc, Faure, Anouk, Quemin, Simon·2021·Journal of Environmental Economics and Management
DOI 10.1016/j.jeem.2021.102468
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  • Baudry et al. (2021) find that ignoring transaction costs can lead to underestimating the price increase in response to a reduction in supply.

    “Illustrating the importance of these factors, Baudry et al. (2021) find that ignoring transaction costs can lead to underestimating the price increase in response to a reduction in supply (as is the case under the current MSR withdrawal mode).”

    From The Market Stability Reserve in the EU Emissions Trading System: A Critical Review (2023) · cites this paper as Baudry et al. (2021)

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References 62 · Cited by 5

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Authors
Baudry, M., Faure, A., & Quemin, S.
Affiliations
  • Université Paris Nanterre (FR)
  • Leibniz Association (DE)
Corresponding author
Quemin, Simon
ORCID
Venue
Journal of Environmental Economics and Management
Publisher
Elsevier BV
Published
2021-07
Volume
108
Pages
102468
ISSN
0095-0696 (ISSN-L)
DOI
10.1016/j.jeem.2021.102468
OpenAlex
W3038899680
Cited by
5
References
62
Citations by year
2025: 1 · 2024: 2 · 2023: 1 · 2020: 1
FWCI
0.57
Type
journal article
Language
en
Open access
Licence
Locations
  • Journal of Environmental Economics and Management (publishedVersion)
  • London School of Economics and Political Science Research Online (London School of Economics and Political Science) (acceptedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • London School of Economics and Political Science Theses Online (London School of Economics and Political Science) (submittedVersion)
  • HAL (submittedVersion)
  • Oskar-Bordeaux (Universite de Bordeaux) (submittedVersion)
  • Publication Database PIK (Potsdam Institute for Climate Impact Research (PIK)) (submittedVersion)
Funders
  • Grantham Foundation for the Protection of the Environment
  • Economic and Social Research Council
  • Institut Louis Bachelier
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Merger and Competition Analysis
Keywords
emissions trading, transaction costs, fixed costs, permit prices, market frictions

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