Shackleton, RobertWilcoxen, Peter JMcKibbin, Warwick2002-02-112004-05-192011-01-052004-05-192011-01-051998http://hdl.handle.net/1885/41021http://digitalcollections.anu.edu.au/handle/1885/41021We 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.219995 bytesapplication/pdfen-AUinternational carbon emissionspermit tradingKyoto Protocolmulti-sector general equilibrium modelcapital flowsdomestice effectsgreenhouse gas abatement1998