文章基本信息

标题：Contracting for Impure Public Goods: Carbon Offsets and Additionality
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作者：Mason, Charles F. ; Plantinga, Andrew J.
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2011
出版社：Journal of Agribusiness
摘要：Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation. Analyzing optimal contracts for forest carbon sequestration, an important offset category, we conduct a national-scale simulation using results from an econometric model of land-use change. The results indicate that for an increase in forest area of 50 million acres, annual government expenditures with optimal contracts are about $4 billion lower compared than under a uniform subsidy.
关键词：Carbon Sequestration;Incentive Contracting;Offsets;Additionality