Leadership and International Climate Cooperation
Gregor Schwerhoff
No 2013.97, Working Papers from Fondazione Eni Enrico Mattei
Abstract:
Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect may be behavioral, a reaction motivated by fairness, reciprocity or norms. Second, other nations may interpret the leader's action as a signal on his preference or the value of the objective and adjust their own policy based on the new information. Third, the leader may provide a service to other nations, which decreases their costs and risks. The followers could benefit by learning successful policies, adopting technologies and obtaining information on the cost of environmental policy. In addition to these economic mechanisms, a leading group of nations might initiate a political process of successive enlargements.
Keywords: Climate Change; Leadership; Public Good Provision (search for similar items in EconPapers)
JEL-codes: H41 O33 Q54 (search for similar items in EconPapers)
Date: 2013-11
New Economics Papers: this item is included in nep-cdm, nep-ene and nep-env
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Citations: View citations in EconPapers (1)
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Working Paper: Leadership and International Climate Cooperation (2013) 
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2013.97
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