|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Economists Online >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/3775
|
| | |
| Title: | | Marginal abatement cost curves in general equilibrium: The influence of world energy prices  |
| Authors: | | Klepper, Gernot Peterson, Sonja |
| Issue Date: | | 2006 |
| Citation: | | [Journal:] Resource and energy economics [ISSN:] 0928-7655 [Volume:] 28 [Year:] 2006 [Issue:] 1 [Pages:] 1-23 |
| 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. |
| Subjects: | | Climate change , marginal abatement cost curves , energy prices , computable general equilibrium model |
| JEL: | | F18 D58 C68 Q41 |
| Document Type: | | Article |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/3775
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|