@article{Klepper2006Marginal,
abstract = {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 discuss the mechanisms
theoretically and then use the CGE model DART for quantitative simulations. The
result is, that changes in energy prices resulting from different global abatement
levels do indeed affect national MACCs. Also, we compare different possibilities of defining MACCs - of which some are robust against changes in energy prices while others vary considerably.},
author = {Gernot Klepper and Sonja Peterson},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
issn = {0928-7655},
journal = {Resource and energy economics},
keywords = {F18; D58; C68; Q41; 330; Climate change , marginal abatement cost curves , energy prices , computable general equilibrium model; Klimaschutz; Klimaver\"{a}nderung; Umweltschutzkosten; Erd\"{o}lpreis; Allgemeines Gleichgewicht; Simulation; Welt},
language = {eng},
number = {1},
pages = {1-23},
title = {Marginal abatement cost curves in general equilibrium: The influence of world energy prices},
url = {http://hdl.handle.net/10419/3775},
volume = {28},
year = {2006}
}
