Analysing the Effectiveness of International Environmental Policies: The Case of the Kyoto Protocol

Christian Almer and Ralph Winkler

No 39/15, Department of Economics Working Papers from University of Bath, Department of Economics

Abstract: We study the effectiveness of emission targets under the Kyoto Protocol with respect to reducing CO 2 emissions. Using country-level and US state-level panel data and employing the synthetic control method, we do not find a significant effect for any of the major emitters among the Annex B countries with binding emission targets. We also show that – in general – evaluating the effectiveness of international environmental policies at the country level comes with a number of empirical challenges that may invalidate findings based on more traditional panel data approaches.

Date: 2015-06-29
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Journal Article: Analyzing the effectiveness of international environmental policies: The case of the Kyoto Protocol (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eid:wpaper:46087

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