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Within this paper, we analyse the fulfilment of the Kyoto-emissions reduction com-mitment exemplary in Germany and its implication on long-term paths of all macro-variables. Germany, like all other industrial or Annex B coun-tries, has to reduce its emissions by 2010 and after what we call a...
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Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...
Persistent link: https://www.econbiz.de/10011324958
This paper presents an integrated economy-energy-climate model WIAGEM (World Integrated Assessment General Equilibrium …. WIAGEM bases on 25 world regions which are aggregated to 11 trading regions and 14 sectors within each region. The …
Persistent link: https://www.econbiz.de/10011608833
This paper investigates the world economic implications of climate change policy strategies, especially the evaluation … of impacts by an implementation of Clean Development Mechanisms, Joint Implementation and Emissions trading with a world … by the United States of America, we examine the economic impacts of all world regions by a non cooperative and free rider …
Persistent link: https://www.econbiz.de/10011608848
This paper surveys recent advances in climate models by emphasising how quantitative instruments can answer the main crucial questions addressed by the policymakers involved and therefore aid the formulation of effective global climate policies. The limits of existing models are highlighted and...
Persistent link: https://www.econbiz.de/10011608450
Although the economic effects of CO2 abatement depend substantially on the degree to which capital and labor can substitute for energy, the issue of energy-capital-labor substitution is surrounded by considerable uncertainty. In this paper we use econometrically estimated, sectorally...
Persistent link: https://www.econbiz.de/10011608444