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International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best interest of governments who are guided by strategic considerations in negotiations. We...
Persistent link: https://www.econbiz.de/10012215277
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Klimaschutz stellt aus Sicht der ökonomischen Theorie ein rein öffentliches Gut dar. Internationale Kooperation zum …. Dennoch scheint man in der Realität internationale Umweltabkommen beobachten zu können, die über das nicht … Zahlungsbereitschaft der Wähler für effektiven Klimaschutz gegenüber, wie Ergebnisse von Wählerbefragungen nahe legen. Ökonomen …
Persistent link: https://www.econbiz.de/10013428386
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We investigate how the U.S. withdrawal and the amendments of the Bonn climate policy conference in 2001 will change the economic and environmental impacts of the Kyoto Protocol in its original form. Based on simulations with a large-scale computable general equilibrium model, we find that U.S....
Persistent link: https://www.econbiz.de/10013428431
The Kyoto Protocol marks a break-through in global warming mitigation policies as it sets legally binding emissions targets for major emitting regions. However, realisation of the Protocol depends on the clarification of several issues one of which is the permissible scope of international...
Persistent link: https://www.econbiz.de/10013428267
In this paper, we investigate whether an environmental tax reform 'cum' joint implementation (JI) provides employment and overall efficiency gains as compared to an environmental tax reform 'stand-alone' (ETR). We address this question in the framework of a large-scale general equilibrium model...
Persistent link: https://www.econbiz.de/10013428363
The paper contributes to the ongoing debate on the natural resource curse, which postulates a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...
Persistent link: https://www.econbiz.de/10010433905
which is based on a large-scale computable general equilibrium model for the world economy indicates that spillover effects …
Persistent link: https://www.econbiz.de/10013428314
International cooperation on the reduction of greenhouse gas emissions, disarmament, or free trade needs to be negotiated. The success of such negotiations depends on how they are designed. In the context of international climate change policy, it has been proposed [e.g., Weitzman J of the...
Persistent link: https://www.econbiz.de/10012500234