ESTIMATING THE POTENTIAL CO2 EMISSION REDUCTION IN 97 CONTRACTING COUNTRIES OF THE PARIS AGREEMENT
Yan Li () and
Additional contact information
Yan Li: Business School, Shandong University, Weihai, Shandong 264209, P. R. China
Yigang Wei: #x2020;School of Economics and Management, Beihang University, Beijing 100191, P. R. China‡Beijing Key Laboratory of Emergency, Support Simulation Technologies for City Operations, Beijing 100191, P. R. China
Climate Change Economics (CCE), 2021, vol. 12, issue 02, 1-36
“The common but differentiated responsibilities” requires that participating countries in the Paris Agreement need to clarify their national emission reduction priorities and develop practical and feasible plans based on their local conditions. This paper aims to estimate the CO2 emission efficiency and the potential emission reduction of the Paris Agreement contracting countries and identify the key influencing factors of CO2 emission efficiency for the period of 1991–2014. A nonradial directional distance function, the metafrontier approach, and the bootstrapped truncated regression model are used. The following are the main conclusions: (1) China makes the highest annual potential CO2 emission reduction of 2133.13 billion tons. (2) The technology gap appears to be a major contributor to the potential CO2 emission reductions in the low income group (82.87%) and the lower–middle income group (66.01%), and thus these economies should pursue technological innovation to improve carbon emission efficiency; the potential CO2 emission reductions in other groups are mainly the result of management inefficiency (with 57.52% and 78.38% of potential emission reductions by the upper–middle income and high income countries coming from management inefficiency). Therefore, some countries in the specific income group exhibit different emission reduction focus. (3) According to a regression analysis on the CO2 emission efficiency contributing factors, the progress of total factor productivity and improvement of management level can improve the CO2 emission efficiency. This study might be the first attempt to decompose the potential CO2 emission reduction of these countries and provides each country with targeted, effective emission reduction priorities.
Keywords: Carbon dioxide emission; reduction potential; Paris agreement; directional distance function; metafrontier and group frontiers (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wsi:ccexxx:v:12:y:2021:i:02:n:s2010007821500044
Ordering information: This journal article can be ordered from
Access Statistics for this article
Climate Change Economics (CCE) is currently edited by Robert Mendelsohn
More articles in Climate Change Economics (CCE) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().