Anger, Niels; Böhringer, Christoph; Moslener, Ulf - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007
This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply data we assess the relative importance of transaction...