economies, are false or need serious amendment in a world with international trade in goods. Since the three results we … highlight have framed much of the ongoing discussion and research on the Kyoto protocol our viewpoint from trade theory suggests … a re-examination may be in order. Specifically, we demonstrate that in an open trading world, but not in a closed …

puzzle in standard economic models. To study this phenomenon, we propose a positive theory of IEAs in which the political … (might not be implemented in full). The theory also provides a new perspective for understanding investments in green …

Climate change effects on agricultural yields will be uneven over the world with a few countries, mostly in high …

We review the optimal pattern of carbon emission abatements across countries in a simple multi-country world. We model …