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Marginal abatement cost curves in general equilibrium: The influence of world energy prices.

Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2006

Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...

Persistent link: https://www.econbiz.de/10008520119

US participation, permit allocation, and hot air supply : [papers presented at 3rd Concerted Action for Tradable Permits (CATEP) Workshop on Global Trading, Institute for World Eco...

Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2002

their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …

Persistent link: https://www.econbiz.de/10008610856

When do firms support environmental agreements?

Espínola-Arredondo, Ana; Muñoz-García, Félix - In: Journal of Regulatory Economics 41 (2012) 3, pp. 380-401

Persistent link: https://www.econbiz.de/10010989252

International Environmental Agreements, Fiscal Federalism, and Constitutional Design

Buchholz, Wolfgang; Haupt, Alexander; Peters, Wolfgang - Wirtschaftswissenschaftliche Fakultät, … - 2012

In this paper, we analyse how the prospect of international negotiations over transboundary pollution shapes intra-country transfer schemes when the governments of the countries' polluting regions are in charge of environmental policy and negotiations. Federal governments can implement...

Persistent link: https://www.econbiz.de/10011212940

A Tale of Two Externalities: Environmental Policy and Market Structure

Espinola-Arredondo, Ana; Munoz-Garcia, Felix - School of Economic Sciences, Washington State University - 2010

This paper examines the two externalities that a country's environmental regulation imposes on other country's welfare: an environmental externality, due to transboundary pollution, and a competitive advantage externality, as regulations affect domestic firms' abatement costs, which impact the...

Persistent link: https://www.econbiz.de/10008646301

Trading hot-air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol.

Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2005

After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...

Persistent link: https://www.econbiz.de/10008520287

Understanding Fixed Point Theorems

Arnold, Lutz G. - Wirtschaftswissenschaftliche Fakultät, Universität … - 2003

Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...

Persistent link: https://www.econbiz.de/10005607526

The EU emissions trading scheme allowance prices, trade flows and competitiveness effects.

Klepper, Gernot; Peterson, Sonja - Kiel Institute for the World Economy - 2004

features and key impacts of the EU ETS by scanning the range of likely allocation plans using the simulation model DART. The … analysis of the simulation results highlights a number of interesting details in terms of allowance trade flows between Member …

Persistent link: https://www.econbiz.de/10008520229

Income distribution inequality, globalization, and innovation: A general equilibrium simulation

Fukiharu, T. - In: Mathematics and Computers in Simulation (MATCOM) 93 (2013) C, pp. 117-127

Utilizing simulation approach, this paper examines if the income distribution inequality of a country expands through …

Persistent link: https://www.econbiz.de/10010751881

Long-Term Consequences of Congestion Pricing: A Small Cordon in the Hand Is Worth Two in the Bush

Safirova, Elena A.; Houde, Sébastien; Coleman, Conrad T.; … - 2006

We evaluate and compare the long-term economic effects of three cordon-based road pricing schemes applied to the Washington, DC, metropolitan area. To conduct this analysis, we employ a spatially disaggregated general equilibrium model of a regional economy that incorporates the decisions of...

Persistent link: https://www.econbiz.de/10005442542

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