valued at domestic values. We propose four alternatives (sovereignty, altruism, good neighbour, and compensation) with …

world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists …, by allowing clean countries to become net importers of emissions, leads to a 10% increase in world emissions with respect … situations where world emissions are either maximal or minimal. It turns out that effective emissions correspond to a 90 …

-riding incentives prevail and international spillovers crowd out domestic R&D efforts? What is the role of domestic absorption capacity … analysis shows that international knowledge spillovers tend to increase free-riding incentives and decrease the investments in … of mitigation possibilities and costs. This paper explores how international knowledge flows affect the dynamics of the …

world wide influences energy prices and thus national MACCs. We first discuss the mechanisms theoretically and then use the … CGE model DART to quantify the effects. The result is, that changes in energy prices resulting from different world wide …

macrofinancial stabilization framework at the international level is also discussed. Unlike earlier international financial systems …