文章基本信息

标题：Covering Indirect Emissions Mitigates Market Power in Carbon Markets: The Case of South Korea
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作者：Shim, Sunghee ; Lee, Jiwoong
期刊名称：Sustainability
印刷版ISSN：2071-1050
出版年度：2016
卷号：8
期号：6
出版社：MDPI, Open Access Journal
摘要：One of the main concerns of policymakers regarding emissions trading markets is that some firms may well enjoy market power owing to their share of the emissions. This study shows that including indirect emissions within the coverage of an emissions trading scheme can help to reduce market power and thereby enhance social efficiency. In this study, the market concentration measured by the Herfindahl-Hirschman Index significantly drops after including indirect emissions in the South Korean emissions trading market. In addition, other market concentration measures are also considered to verify that the conclusion does not depend on the choice of concentration measures.
关键词：carbon markets; indirect emissions; market power