Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture. / Nielsen, Rasmus; Andersen, Jesper Levring; Bogetoft, Peter.

In: Marine Resource Economics, Vol. 29, No. 3, 2014, p. 219-239.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Nielsen, R, Andersen, JL & Bogetoft, P 2014, 'Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture', Marine Resource Economics, vol. 29, no. 3, pp. 219-239. https://doi.org/10.1086/677758

APA

Nielsen, R., Andersen, J. L., & Bogetoft, P. (2014). Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture. Marine Resource Economics, 29(3), 219-239. https://doi.org/10.1086/677758

Vancouver

Nielsen R, Andersen JL, Bogetoft P. Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture. Marine Resource Economics. 2014;29(3):219-239. https://doi.org/10.1086/677758

Author

Nielsen, Rasmus ; Andersen, Jesper Levring ; Bogetoft, Peter. / Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture. In: Marine Resource Economics. 2014 ; Vol. 29, No. 3. pp. 219-239.

Bibtex

@article{e53cd7031d704104938e98636681c4fa,
title = "Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture",
abstract = "The potential gains from a regulatory change allowing for reallocation of marketable nitrogen emission permits under a cap and trade system are analyzed in a dynamic context using Data Envelopment Analysis to formulate linear programming models. In these models new, more environmental friendly farms are gradually introduced to the industry over 10 years. The new industry structure, production, and profitability gains are investigated, and the effect of changing the overall level of nitrogen emission is analyzed. Our results show that there is scope for a more efficient allocation of resources to either increase the production level or to reduce the emission level. This article adds to the literature by extending previous static reallocation models to a dynamic model, which allows for a gradual introduction of new firms. This makes it possible for managers to analyze the effects of reallocating production across firms and time.",
author = "Rasmus Nielsen and Andersen, {Jesper Levring} and Peter Bogetoft",
year = "2014",
doi = "10.1086/677758",
language = "English",
volume = "29",
pages = "219--239",
journal = "Marine Resource Economics",
issn = "0738-1360",
publisher = "University of Chicago Press",
number = "3",

}

RIS

TY - JOUR

T1 - Dynamic reallocation of marketable nitrogen emission permits in Danish freshwater aquaculture

AU - Nielsen, Rasmus

AU - Andersen, Jesper Levring

AU - Bogetoft, Peter

PY - 2014

Y1 - 2014

N2 - The potential gains from a regulatory change allowing for reallocation of marketable nitrogen emission permits under a cap and trade system are analyzed in a dynamic context using Data Envelopment Analysis to formulate linear programming models. In these models new, more environmental friendly farms are gradually introduced to the industry over 10 years. The new industry structure, production, and profitability gains are investigated, and the effect of changing the overall level of nitrogen emission is analyzed. Our results show that there is scope for a more efficient allocation of resources to either increase the production level or to reduce the emission level. This article adds to the literature by extending previous static reallocation models to a dynamic model, which allows for a gradual introduction of new firms. This makes it possible for managers to analyze the effects of reallocating production across firms and time.

AB - The potential gains from a regulatory change allowing for reallocation of marketable nitrogen emission permits under a cap and trade system are analyzed in a dynamic context using Data Envelopment Analysis to formulate linear programming models. In these models new, more environmental friendly farms are gradually introduced to the industry over 10 years. The new industry structure, production, and profitability gains are investigated, and the effect of changing the overall level of nitrogen emission is analyzed. Our results show that there is scope for a more efficient allocation of resources to either increase the production level or to reduce the emission level. This article adds to the literature by extending previous static reallocation models to a dynamic model, which allows for a gradual introduction of new firms. This makes it possible for managers to analyze the effects of reallocating production across firms and time.

U2 - 10.1086/677758

DO - 10.1086/677758

M3 - Journal article

VL - 29

SP - 219

EP - 239

JO - Marine Resource Economics

JF - Marine Resource Economics

SN - 0738-1360

IS - 3

ER -

ID: 122604686