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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/24586
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Anger, Niels | | en_US |
| dc.contributor.author | | Böhringer, Christoph | | en_US |
| dc.contributor.author | | Moslener, Ulf | | en_US |
| dc.date.accessioned | | 2009-02-16T14:57:44Z | | - |
| dc.date.available | | 2009-02-16T14:57:44Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/24586 | | - |
| dc.description.abstract | | This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply data we assess the relative importance of transaction costs and investment risks as well as CDM regulations through supplementarity and additionality criteria. Our numerical results show that the macroeconomic impacts of transaction costs and investment risks are negligible: Given the large supply of cheap project-based emissions credits in developing countries, compliance to the Kyoto Protocol can be achieved at a very low cost. However, regulatory restrictions such as a supplementarity criterion can substantially curtail the potential efficiency gains from where-flexibility in climate policy. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Zentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim | | en_US |
| dc.relation.ispartofseries | | ZEW Discussion Papers 07-026 | | en_US |
| dc.subject.jel | | C68 | | en_US |
| dc.subject.jel | | Q58 | | en_US |
| dc.subject.jel | | Q56 | | en_US |
| dc.subject.jel | | D61 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Kyoto Protocol | | en_US |
| dc.subject.keyword | | Emissions Trading | | en_US |
| dc.subject.keyword | | Clean Development Mechanism | | en_US |
| dc.subject.keyword | | Computable General Equilibrium | | en_US |
| dc.title | | Macroeconomic Impacts of the Clean Development Mechanism: The Role of Investment Barriers and Regulations | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 529240335 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zewdip:5589 | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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