Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/106798
Authors: 
Du, Limin
Hanley, Aoife
Wei, Chu
Year of Publication: 
2015
Series/Report no.: 
Kiel Working Paper 1985
Abstract: 
This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for the period of 2001-2010. The provincial marginal abatement cost (MAC) of CO2 emissions is estimated using a parameterized directional output distance function. Four types of model specifications are applied to fit the MAC-carbon intensity pairs. The optimal specification controlling for various covariates is identified econometrically. A scenario simulation of China's 40-45 percent carbon intensity reduction based on our MACC is illustrated. Our simulation results show that China would incur a 559-623 Yuan/ton (roughly 51-57 percent) increase in marginal abatement cost to achieve a corresponding 40-45 percent reduction in carbon intensity compared to its 2005 level.
Subjects: 
CO2 Emissions
Marginal Abatement Cost Curve
Model Selection
China
JEL: 
Q52
Q54
Q58
Document Type: 
Working Paper

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