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dc.contributor.authorBayer, Stefanen_US
dc.contributor.authorKemfert, Claudiaen_US
dc.date.accessioned2011-07-06T15:49:52Z-
dc.date.available2011-07-06T15:49:52Z-
dc.date.issued2000en_US
dc.identifier.piurn:nbn:de:bsz:21-opus-19582en_US
dc.identifier.urihttp://hdl.handle.net/10419/47593-
dc.description.abstractThis paper investigates the sustainability of the German economy when reaching the Kyoto emissions reduction target. We use a special intergenerational discounting technique which actually takes into account intergenerational peculiarities in an overlapping generations modeling framework which leads to completely different statements than using the same model with a conventional discounting method. By applying this discounting technique sustainable growth paths of all economic variables can be reached with respect to overall welfare units at the expense of currently living ones. Their contribution to the achievement of sustainability can be interpreted as an application of an intertemporal polluter pays principle, where (negative) intertemporal externalities are - to a large extent - avoided. This is not only fair from a normative viewpoint, but also efficient due to the internalization of today's occurring external costs with respect to climate change.en_US
dc.language.isoengen_US
dc.publisherWirtschaftswiss. Seminar, Eberhard-Karls-Univ. Tübingenen_US
dc.relation.ispartofseriesTübinger Diskussionsbeiträge 197en_US
dc.subject.jelD58en_US
dc.subject.jelD61en_US
dc.subject.jelQ28en_US
dc.subject.jelQ38en_US
dc.subject.jelQ48en_US
dc.subject.ddc330en_US
dc.subject.keywordOLG-modelsen_US
dc.subject.keywordDiscountingen_US
dc.subject.keywordSustainabilityen_US
dc.subject.keywordClimate Changeen_US
dc.subject.keywordKyoto Targetsen_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwLuftreinhaltungen_US
dc.subject.stwKohlendioxiden_US
dc.subject.stwEmissionsrechteen_US
dc.subject.stwOverlapping Generationsen_US
dc.subject.stwSoziale Diskontrateen_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwNachhaltige Entwicklungen_US
dc.subject.stwTheorieen_US
dc.subject.stwDeutschlanden_US
dc.titleReaching national Kyoto-targets in Germany by maintaining a sustainable developmenten_US
dc.typeWorking Paperen_US
dc.identifier.ppn575620633en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:tuedps:197-
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