Larch, Mario; Löning, Markus; Wanner, Joschka - 2017
Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by … fossil fuel use in an economy, but rather at a reduction of all factor inputs, which may lead to different leakage … implications. We conduct the first investigation of degrowth in a multi-country setting in order to (i) compare the leakage effects …