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Keywords: sulfur dioxide allowance
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Journal Articles
Valuing Tradable Private Rights to Pollute the Public's Air
Available to Purchase
Journal:
Review of Accounting and Finance
Review of Accounting and Finance (2005) 4 (1): 50–71.
Published: 01 January 2005
... of time series data, that sulfur dioxide allowances have rates of return and yield distributions that make them candidates for inclusion in asset portfolios. We conjecture that other tradable pollution rights will exhibit similar properties when sufficient data are available. Financial analysts...
