Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/32083 
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dc.contributor.authorCarbone, Jared C.en
dc.contributor.authorHelm, Carstenen
dc.contributor.authorRutherford, Thomas F.en
dc.date.accessioned2008-12-15-
dc.date.accessioned2010-05-14T11:57:05Z-
dc.date.available2010-05-14T11:57:05Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/32083-
dc.description.abstractWe evaluate the efficacy of international trade in carbon emission permits when countries are guided strictly by their national self-interest. To do so, we construct a calibrated general equilibrium model that jointly describes the world economy and the strategic incentives that guide the design of national abatement policies. Countries' decisions about their participation in a trading system and about their initial permit endowment are made noncooperatively; so a priori it is not clear that permit trade will induce participation in international abatement agreements or that participation will result in significant environmental gains. Despite this, we find that emission trade agreements can be effective; that smaller groupings pairing developing and developed-world partners often perform better than agreements with larger rosters; and that general equilibrium responses play an important role in shaping these outcomes.en
dc.language.isoengen
dc.publisher|aTechnische Universität Darmstadt, Department of Law and Economics |cDarmstadten
dc.relation.ispartofseries|aDarmstadt Discussion Papers in Economics |x194en
dc.subject.jelD7en
dc.subject.jelF18en
dc.subject.jelF42en
dc.subject.jelQ58en
dc.subject.ddc330en
dc.subject.keywordGlobal warmingen
dc.subject.keywordcoalitionsen
dc.subject.keywordgeneral equilibriumen
dc.subject.keywordtradable permitsen
dc.subject.stwKlimaveränderungen
dc.subject.stwEmissionshandelen
dc.subject.stwInternationale Zusammenarbeiten
dc.subject.stwAllgemeines Gleichgewichten
dc.titleThe case for international emission trade in the absence of cooperative climate policy-
dc.typeWorking Paperen
dc.identifier.ppn588005126en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:darddp:dar_35491en

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