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Kyoto and Carbon Leakage: An Empirical Analysis of the Carbon Content of Bilateral Trade

Aichele, Rahel; Felbermayr, Gabriel J. - CESifo - 2011

Has the Kyoto Protocol induced carbon leakage? We conduct the first empirical ex-post evaluation of the Protocol. We derive a theoretical gravity equation for the CO2 content of trade, which accounts for intermediate inputs, both domestic and imported. The structure of our new panel database of...

Persistent link: https://www.econbiz.de/10009371350

Unilateral Climate Policy, Asymmetric Backstop Adoption, and Carbon Leakage in a Two-Region Hotelling Model

Werf, Edwin van der - CESifo - 2010

We study backstop adoption and carbon dioxide emission paths in a two-region model with unilateral climate policy and non-renewable resource consumption. The regions have an equal endowment of the internationally tradable resource and a backstop technology. We first study the case of a...

Persistent link: https://www.econbiz.de/10008572499

Unintended Detrimental Effects of Environmental Policy: The Green Paradox and Beyond

Werf, Edwin van der; Maria, Corrado Di - CESifo - 2011

Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing under what conditions this so-called ‘Green Paradox’ may occur. We review this literature and identify the key mechanisms behind...

Persistent link: https://www.econbiz.de/10009024839

Carbon Tariffs: An Analysis of the Trade, Welfare and Emission Effects

Larch, Mario; Wanner, Joschka - CESifo - 2014

restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on … massively shifted from these countries to industrialized countries and world carbon emissions decrease by 0.83 percent, with a … percent of the change on average, two thirds of the world reduction are due to the world scale effect. …

Persistent link: https://www.econbiz.de/10011165507

Why are Firms that Export Cleaner? International Trade and CO2 Emissions

Forslid, Rikard; Okubo, Toshihiro; Ulltveit-Moe, Karen … - CESifo - 2014

This paper develops a model of trade and CO2 emissions with heterogenous firms, where firms make abatement investments and thereby have an impact on their level of emissions. The model shows that investments in abatements are positively related to firm productivity and firm exports. Emission...

Persistent link: https://www.econbiz.de/10010779408

Negotiating to Avoid "Gradual" versus "Dangerous" Climate Change: An Experimental Test of Two Prisoners' Dilemma

Barrett, Scott; Dannenberg, Astrid - CESifo - 2014

According to the Framework Convention on Climate Change, global collective action is needed to stabilize “greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system.” The Framework Convention thus...

Persistent link: https://www.econbiz.de/10010734324

The Hodrick-Prescott Filter with a Time-Varying Penalization Parameter. An Application for the Trend Estimation of Global Temperature.

Blöchl, Andreas; Flaig, Gebhard - CESifo - 2014

In this paper we use the Hodrick-Prescott filter for analysing global temperature data. We are especially concerned with a reliable estimation of the trend component at the end of the data sample. To this end we employ time-varying values for the penalization parameter. The optimal values are...

Persistent link: https://www.econbiz.de/10010734331

A Ricardian Analysis of the Impact of Climate Change on European Agriculture

Passel, Steven Van; Massetti, Emanuele; Mendelsohn, Robert - CESifo - 2014

This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...

Persistent link: https://www.econbiz.de/10010877673

The Green Paradox in Open Economies

Long, Ngo Van - CESifo - 2014

This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...

Persistent link: https://www.econbiz.de/10010877704

Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Persistent link: https://www.econbiz.de/10010948833