Decomposing the cost of Kyoto: a global CGE analysis of multilateral policy impacts

Christoph Böhringer and Thomas Rutherford ()

No 00-11, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: We decompose the economic implications of the Kyoto Protocol at the cross-country level, splitting the total economic impact for each region into contributions from its own emission abatement policy and those from other regions. Our analysis which is based on a large-scale computable general equilibrium model for the world economy indicates that spillover effects are an important consequence of multilateral carbon abatement policies.. We calculate a crosscountry matrix for monetary transfer payments which would have to be assigned on a bilateral basis in order to provide compensation for the international spillovers associated with the implementation of the Kyoto Protocol.

JEL-codes: C63 C68 D58 F11 Q4 (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:5286

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