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Uncertainty,Irreversibility and the Timing Problems of Environmental Policy
引用本文:Yang Haisheng1,Jia Jia1,Zhou Yongzhang2 1.Lingnan College,Sun Yat-sen University,Guangzhou Guangdong 510275,China, 2.Center for Earth Environment&Resources,Sun Yat-sen University,Guangzhou Guangdong 510275,China. Uncertainty,Irreversibility and the Timing Problems of Environmental Policy[J]. 中国人口.资源与环境(英文版), 2006, 4(4)
作者姓名:Yang Haisheng1  Jia Jia1  Zhou Yongzhang2 1.Lingnan College  Sun Yat-sen University  Guangzhou Guangdong 510275  China   2.Center for Earth Environment&Resources  Sun Yat-sen University  Guangzhou Guangdong 510275  China
作者单位:Yang Haisheng1,Jia Jia1,Zhou Yongzhang2 1.Lingnan College,Sun Yat-sen University,Guangzhou Guangdong 510275,China; 2.Center for Earth Environment&Resources,Sun Yat-sen University,Guangzhou Guangdong 510275,China
摘    要:Most environmental issues and policy designing are uncertain and irreversible;therefore,the timing of environmental policy implementation becomes especially important.This paper establishes a random dynamic programming model and analyzes the optimal timing problems in environmental policy under uncertain variables.This model results indicate that two variables have a significant impact on the timing of environmental policy implementation and they work in opposite directions:on one hand,the more uncertain the economy is,the higher the cost of policies implementation will be,and consequently the incentive to immediately adopt the policy will be stronger.On the other hand,the higher the uncertainty of the environment is,the stronger the irreversibility of ecological harm caused by pollutants per unit will be.Therefore,the government should implement new environmental policies as early as possible in order to gain more ecological benefits.


Uncertainty, Irreversibility and the Timing Problems of Environmental Policy
Yang Haisheng,Jia Jia,Zhou Yongzhang. Uncertainty, Irreversibility and the Timing Problems of Environmental Policy[J]. Chinese JOurnal of Population Resources and Environment, 2006, 4(4)
Authors:Yang Haisheng  Jia Jia  Zhou Yongzhang
Abstract:Most environmental issues and policy designing are uncertain and irreversible; therefore, the timing of environmental policy implementation becomes especially important. This paper establishes a random dynamic programming model and analyzes the optimal timing problems in environmental policy under uncertain variables. This model results indicate that two variables have a significant impact on the timing of environmental policy implementation and they work in opposite direcfons: on one hand, the more uncertain the economy is, the higher the cost of policies implementation will be, and consequently the incentive to immediately adopt the policy will be stronger. On the other hand, the higher the uncertainty of the environment is, the stronger the irreversibility of ecological harm caused by pollutants per unit will be. Therefore, the government should implement new environmental policies as early as possible in order to gain more ecological benefits.
Keywords:environmental policy uncertainty irreversibility timing
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