Emission Trading vs. Rigid Regulations in the Control of Vehicle Emissions
通过实证研究，比较了轻型车辆可交易许可证制度与现行统一标准制度的成本节约，并分析了模型设定对成本节约估计的影响。
This paper presents the results of an empirical study of the cost savings associated with a marketable permit system for light-duty vehicles relative to the current system of uniform standards. The sensitivity of cost savings estimates to model specification are examined, including estimation approaches for obtaining cost functions, issues of the functional form of emission control cost functions, and choice of pollution variables included in the estimated cost functions. Additionally, the precision of point estimates of cost savings are explored using a simulation method for obtaining estimates of the standard errors of cost savings.