A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation
Which means are more effective for reducing carbon emission? Our paper argues the effect of the government regulation and the market trading on the carbon emission. Based on our model, we obtain three conclusions as follows. First, government strengthened regulation can encourage firms to participat...
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| Format: | Article |
| Language: | English |
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Wiley
2017-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2017/1432052 |
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| _version_ | 1832551974186254336 |
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| author | Qi Zhu |
| author_facet | Qi Zhu |
| author_sort | Qi Zhu |
| collection | DOAJ |
| description | Which means are more effective for reducing carbon emission? Our paper argues the effect of the government regulation and the market trading on the carbon emission. Based on our model, we obtain three conclusions as follows. First, government strengthened regulation can encourage firms to participate in the trading market for carbon emission. Second, there is the negative relation of supervision cost to trading price. Third, there is an alternative relationship between the scale economy level of the supervisory authority and that of the carbon emissions market. Meanwhile, our numerical simulations also confirm our results for our model analyses. |
| format | Article |
| id | doaj-art-b1bd5840d0384c56b0f3e442ad1c5543 |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2017-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-b1bd5840d0384c56b0f3e442ad1c55432025-02-03T06:00:04ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2017-01-01201710.1155/2017/14320521432052A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government RegulationQi Zhu0The College of Finance and Statistics, Hunan University, Changsha, ChinaWhich means are more effective for reducing carbon emission? Our paper argues the effect of the government regulation and the market trading on the carbon emission. Based on our model, we obtain three conclusions as follows. First, government strengthened regulation can encourage firms to participate in the trading market for carbon emission. Second, there is the negative relation of supervision cost to trading price. Third, there is an alternative relationship between the scale economy level of the supervisory authority and that of the carbon emissions market. Meanwhile, our numerical simulations also confirm our results for our model analyses.http://dx.doi.org/10.1155/2017/1432052 |
| spellingShingle | Qi Zhu A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation Discrete Dynamics in Nature and Society |
| title | A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation |
| title_full | A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation |
| title_fullStr | A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation |
| title_full_unstemmed | A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation |
| title_short | A Perspective of Evolution for Carbon Emissions Trading Market: The Dilemma between Market Scale and Government Regulation |
| title_sort | perspective of evolution for carbon emissions trading market the dilemma between market scale and government regulation |
| url | http://dx.doi.org/10.1155/2017/1432052 |
| work_keys_str_mv | AT qizhu aperspectiveofevolutionforcarbonemissionstradingmarketthedilemmabetweenmarketscaleandgovernmentregulation AT qizhu perspectiveofevolutionforcarbonemissionstradingmarketthedilemmabetweenmarketscaleandgovernmentregulation |