Valuing Tradable Co2 Permits for OECD Countries

We estimate a structural model of OECD countries in which GDP and CO2 emissions are endogenous. We use the estimated model to simulate the price of tradable CO2 permits and the efficiency gains from trade. Our estimated prices are high, relative to previous estimates, and the efficiency gains are substantial. We also find, contrary to previous literature, that higher income is associated with reduced emissions

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Year of publication:	2014
Authors:	Karp, Larry S. ; Liu, Xuemei
Publisher:	[S.l.] : SSRN
Subject:	OECD-Staaten \| OECD countries \| Emissionshandel \| Emissions trading \| Treibhausgas-Emissionen \| Greenhouse gas emissions

Extent:	1 Online-Ressource (30 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments MAY 1999 erstellt
Other identifiers:	10.2139/ssrn.200148 [DOI]
Classification:	F17 - Trade Forecasting and Simulation ; Q28 - Government Policy ; Q43 - Energy and the Macroeconomy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014173203