Please use this identifier to cite or link to this item:
Narita, Daiju
Tol, Richard S. J.
Anthoff, David
Year of Publication: 
Series/Report no.: 
ESRI Working Paper 332
We impute a global social welfare function that is consistent with the burden sharing in the Kyoto Protocol and in two proposals for a post-Kyoto treaty. The Kyoto Protocol favored the EU. The Frankel proposal for a post-Kyoto treaty continues the favorable treatment of the EU, while the EU proposal puts more weight on the wellbeing of other OECD countries at the expense of its own residents. Ignoring income differences, the EU proposal for a post-Kyoto treaty favors developing countries. However, if income differences are taken into account, the EU proposal is not at all generous to developing countries.
climate policy
burden sharing
income inequality
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
485.38 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.