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Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime
Tian, Huifang - 2012
The UNFCCC process of negotiating multilateral carbon emissions reductions thus far has focused on approximately equiproportional cuts in annual carbon emissions by country along the lines of the Kyoto Protocol agreement. But now, with the objective of involving large developing countries such...
Persistent link: https://www.econbiz.de/10012460218
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Carbon Motivated Regional Trade Arrangements : Analytics and Simulations
Dong, Yan - 2009
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012463767
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How Large are the Impacts of Carbon Motivated Border Tax Adjustments
Dong, Yan - 2009
increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …
Persistent link: https://www.econbiz.de/10012463037
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Unilateral Measures and Emissions Mitigation
Chatterji, Shurojit - 2009
We discuss global climate mitigation that builds on existing unilateral measures to cut emissions. We document and discuss the rationale for such unilateral measures argue that such measures have the potential to generate positive spillover effects both within and across countries. In a simple...
Persistent link: https://www.econbiz.de/10012463208
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Global Financial Structure and Climate Change
Whalley, John - 2009
This paper analyzes the medium to long-term implications of global warming for the evolution of global financial structures. Stern (2007) and other related scientific literature reports that greenhouse gas emissions generated by human activities will very possibly lead to global temperature...
Persistent link: https://www.econbiz.de/10012463760
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International Trade and the Negotiability of Global Climate Change Agreements
Cai, Yuezhou - 2009
Country incentives to participate in cooperative arrangements which either fully or partially internalize climate change externalities from carbon emissions involve critical asymmetries. Small countries trade off own country costs of carbon mitigation actions against their own benefits from...
Persistent link: https://www.econbiz.de/10012463936
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Carbon, Trade Policy, and Carbon Free Trade Areas
Dong, Yan - 2008
, forms and possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few …
Persistent link: https://www.econbiz.de/10012464216
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The Possibilities For Global Poverty Reduction Using Revenues From Global Carbon Pricing
Davies, James B. - 2011
central case analysis, revenues from globally internalizing carbon pricing rise to 7% and then fall to 5% of gross world …
Persistent link: https://www.econbiz.de/10012461781
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What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk
Aizenman, Joshua - 2011
We estimate the pricing of sovereign risk for sixty countries based on fiscal space (debt/tax; deficits/tax) and other … and economically important determinants of market-based sovereign risk. Although the explanatory power of fiscal space … emergence of TED spread as a key pricing factor. However, risk-pricing of the South-West Eurozone Periphery countries is not …
Persistent link: https://www.econbiz.de/10012461251
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Fiscal Stimulus and Commercial Bank Lending Under COVID-19
Aizenman, Joshua; Jinjarak, Yothin; Spiegel, Mark - National Bureau of Economic Research - 2022
We investigate the implications of extra-normal government spending under the COVID-19 pandemic for commercial bank lending growth between 2019Q4 and 2020Q4 in a large sample of over 3000 banks from 71 countries. We control for pre-pandemic structural factors, bank characteristics and government...
Persistent link: https://www.econbiz.de/10013172181