Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146706 
Year of Publication: 
2013
Citation: 
[Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 40 [Issue:] 1 [Publisher:] Universidad de Chile, Departamento de Economía [Place:] Santiago de Chile [Year:] 2013 [Pages:] 21-52
Publisher: 
Universidad de Chile, Departamento de Economía, Santiago de Chile
Abstract (Translated): 
We study the effect of a household subsidy to induce the adoption of more efficient and less polluting wood combustion technologies. We compare, through numerical simulations, several subsidy designs with respect to the impact on aggregate emissions, costs, and cost-effectiveness indicators. Two variables that turn out to be important for the performance of a subsidy program are the remaining time that an existing equipment can be used and the access of the households to credit to fund the co-payment of the equipment. We observe that for different regulatory designs and/or different cost analysis, the performance of a subsidy program based on the cost-effectiveness analysis differs.
Subjects: 
environmental policy
cost-effectiveness
economic incentives
urban pollution
JEL: 
Q48
H23
Q53
H31
Document Type: 
Article

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