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Cited by 329

The DOI matches its Crossref record; 46 of the 46 references it cites were found in a registry or an index.

Market-Based Emissions Regulation and Industry Dynamics

Fowlie, Meredith, Reguant, Mar, Ryan, Stephen P.·2016·Journal of Political Economy

Abstract

We assess the static and dynamic implications of alternative market-based policies limiting greenhouse gas emissions in the US cement industry. Our results highlight two countervailing market distortions. First, emissions regulation exacerbates distortions associated with the exercise of market power in the domestic cement market. Second, emissions “leakage” in trade-exposed markets offsets domestic emissions reductions. Taken together, these forces can result in social welfare losses under policy regimes that fully internalize the emissions externality. Market-based policies that incorporate design features to mitigate the exercise of market power and emissions leakage deliver welfare gains when damages from carbon emissions are high.

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Metadata

Authors
Fowlie, M., Reguant, M., & Ryan, S. P.
Venue
Journal of Political Economy
Published
2016-02
Volume
124
Issue
1
Pages
249-302
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
OpenAlex
W2139882777
Cited by
329
References
46
FWCI
42.56
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Market-Based Emissions Regulation and Industry Dynamics. https://app.cochat.ai/papers/10.1086/684484
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Fowlie, M., Reguant, M., & Ryan, S. P. (2016). Market-Based Emissions Regulation and Industry Dynamics. Journal of Political Economy. https://doi.org/10.1086/684484

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.