English, Article, Journal or magazine article edition: The Potential Effects of International Carbon Emissions Permit Trading Warwick J McKibbin; Robert Shackleton; Peter J Wilcoxen

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Bookmark: http://trove.nla.gov.au/version/42090
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Potential Effects of International Carbon Emissions Permit Trading
Author
  • Warwick J McKibbin
  • Robert Shackleton
  • Peter J Wilcoxen
Physical Description
  • preprint
Notes
  • We use an econometrically estimated multi-region, multi-sector general 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 that extent of international permit trading. We focus, in particular, on the effects of 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.
  • RePEc:pas:papers:1998-09
Language
  • English
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