A general equilibrium analysis of emission allowances.

Each Party of the Kyoto Protocol on Climate Change must achieve quantified green-house gases emission reduction. one of the major policy instrument to be used to comply with these commitments is the opening of an emission allowances market. This paper analyzes, in the general equilibrium framework, the effects of the opening of such a market on the economic equilibrium.

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Year of publication:	2006-01
Authors:	Jamin, Alexandrine ; Mandel, Antoine
Institutions:	Maison des Sciences Économiques, Université Paris 1 (Panthéon-Sorbonne)
Subject:	General Equilibrium Theory \| emission allowances \| general pricing rules \| sensitivity

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Extent:	application/pdf
Series:	Cahiers de la Maison des Sciences Economiques. - ISSN 1624-0340.
Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	D59 - General Equilibrium and Disequilibrium. Other ; Q58 - Government Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005670908