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The potential effects of international carbon emissions permit trading under the Kyoto Protocol [Working paper APSEM Trade and Development 98-1]

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Date

1998

Authors

Shackleton, Robert
Wilcoxen, Peter J
McKibbin, Warwick

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Abstract

We use an econometrically estimated multi-region, multi-sector equilibrium model of the world economy to examine the effects of the tradable emissions permit system proposed in the 1997 Kyoto protocol, under various assumptions about the system on international trade and capital flows. Our results suggest that consideration of these flows significantly affects estimates of the domestic effects of the emissions mitigation policy, compared with analyses that ignore international capital flows.

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Keywords

international carbon emissions, permit trading, Kyoto Protocol, multi-sector general equilibrium model, capital flows, domestice effects, greenhouse gas abatement

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http://hdl.handle.net/1885/41021
 http://digitalcollections.anu.edu.au/handle/1885/41021

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ANU Research Publications

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Working/Technical Paper

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td98-1.pdf (214.84 KB)

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