This discussion paper analyzes the economy-wide impact of a series of agricultural innovations in Malawi. Using an agricultural focused computable general equilibrium model disaggregated to reflect Malawi agro-ecological zones, we simulate three scenarios: one involving smallholders catching up...

A simple model is used to illustrate the effects of a reduction in (marginal) abatement cost in a two country setting. It can be shown that a the country experiencing a cost reduction can actually be worse off. This holds true for a variety of quantity and price based emission policies. The most...