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

Aichele, Rahel; Felbermayr, Gabriel - 2021

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/10013315947

Can Degrowth Overcome the Leakage Problem of Unilateral Climate Policy

Larch, Mario - 2017

Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the fossil fuel use in an economy, but rather at a...

Persistent link: https://www.econbiz.de/10012947519

Inequality and the Social Cost of Carbon

Anthoff, David - 2016

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...

Persistent link: https://www.econbiz.de/10012985451

Sustainable Climate Treaties

Gersbach, Hans - 2017

We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...

Persistent link: https://www.econbiz.de/10012958888

On International Equity Weights and National Decision Making on Climate Change

Anthoff, David; Tol, Richard S. J. - 2021

Estimates of the marginal damage costs of carbon dioxide emissions require the aggregation of monetised impacts of climate change over people with different incomes and in different jurisdictions. Implicitly or explicitly, such estimates assume a social welfare function and hence a particular...

Persistent link: https://www.econbiz.de/10013316482

Cooperation on Climate-Change Mitigation

Mason, Charles F. - 2016

We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...

Persistent link: https://www.econbiz.de/10012998790

Currency Unions, Trade, and Heterogeneity

Chen, Natalie - 2018

How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect of currency unions on international trade. While we...

Persistent link: https://www.econbiz.de/10012912676

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

Van der Werf, Edwin - 2015

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/10013039172

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

Forslid, Rikard - 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/10013052025

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

Larch, Mario - 2015

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/10013034209