Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10003752380
In a model inspired by the EU Emissions Trading Scheme, non-cooperative countries allocate their emissions to internationally trading and non-trading sectors. Each country is better off with trading than without, and aggregate welfare is maximized with all sectors in the trading scheme. We...
Persistent link: https://www.econbiz.de/10014209316