Ishikawa, Jota; Kiyono, Kazuharu; Yomogida, Morihiro - Center for Research on Contemporary Economic Systems, … - 2011
We develop a two-country (North and South), two-good, general equilibrium model of international trade in goods and explore the effects of domestic and international emission trading under free trade in goods. Whereas domestic emission trading in North may result in carbon leakage by expanding...
