G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3326
DP3326 International Rent Sharing in Multinational Firms
Jozef Konings; Matthew Slaughter; John Budd
发表日期2002-04-20
出版年2002
语种英语
摘要The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and with the functioning of the international market for carbon emissions are particularly relevant, because these variables have the largest impact on the overall abatement cost to be born by Annex B countries in the short and in the long run. This Paper analyses the consequences of the US decision to withdraw from the Kyoto/Bonn Protocol both on technological innovation and on the price of emission permits (and, as a consequence, on abatement costs). A first goal is to assess the impact of the US defection on the price of permits and compliance costs when technological innovation and diffusion is taken into account (the model embodies international technological spillovers). A second goal is to understand for what reasons in the presence of endogenous and induced technical change the reduction of the price of permits is lower than in most empirical analyses recently circulated. A third goal is to assess the role of Russia in climate negotiations, its increased bargaining power and its eventual incentives to follow the US defections.
主题International Trade and Regional Economics
关键词Agreements climate Policy Incentives Negotiations
URLhttps://cepr.org/publications/dp3326
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532350
推荐引用方式
GB/T 7714
Jozef Konings,Matthew Slaughter,John Budd. DP3326 International Rent Sharing in Multinational Firms. 2002.
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