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dc.contributor.authorKlepper, Gernoten
dc.contributor.authorPeterson, Sonjaen
dc.date.accessioned2009-01-28T14:17:59Z-
dc.date.available2009-01-28T14:17:59Z-
dc.date.issued2002-
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
dc.language.isoengen
dc.publisher|aKiel Institute for World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1133en
dc.subject.jelC68en
dc.subject.jelD58en
dc.subject.jelF18en
dc.subject.jelQ48en
dc.subject.ddc330en
dc.subject.keywordhot airen
dc.subject.keywordpermit allocationen
dc.subject.keywordmarket poweren
dc.subject.keywordKyoto Protocolen
dc.subject.keywordCGE Modelen
dc.subject.keywordDARTen
dc.subject.keywordemission tradingen
dc.subject.stwEmissionsrechteen
dc.subject.stwKlimaschutzen
dc.subject.stwUmweltabkommenen
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.titleTrading hot air: the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol-
dc.typeWorking Paperen
dc.identifier.ppn861928016en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1133en
dc.identifier.printppn356927849en

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