Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2870
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dc.contributor.authorKlepper, Gernoten_US
dc.contributor.authorPeterson, Sonjaen_US
dc.date.accessioned2009-01-28T14:17:59Z-
dc.date.available2009-01-28T14:17:59Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/2870-
dc.description.abstractAfter the conferences in Bonn and Marrakech it is likely that international emission trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the demand and supply of permits and thus the permit price, but also in their allocative effects. In this paper we discuss likely institutional designs for permit allocation in the hot-air economies and the use of market power and quantify the resulting effects with and without US partieipation by using the computable general equilibrium model DARTen_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Paper |x1133en_US
dc.subject.jelC68en_US
dc.subject.jelD58en_US
dc.subject.jelF18en_US
dc.subject.jelQ48en_US
dc.subject.ddc330-
dc.subject.ddc330-
dc.subject.keywordhot air
dc.subject.keywordpermit allocation
dc.subject.keywordmarket power
dc.subject.keywordKyoto Protocol
dc.subject.keywordCGE Model
dc.subject.keywordDART
dc.subject.keywordemission trading
dc.subject.stwEmissionsrechteen_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwUmweltabkommenen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.titleTrading hot air: the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocolen_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:1133-
dc.identifier.printppn356927849en_US

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