Rose, Adam; Stevens, Brandt - In: Journal of Applied Economics I (1998) November, pp. 329-362
In December 1997, 34 industrialized countries signed the Kyoto Protocol committing to targets and timetables to reduce 6 greenhouse gases (GHGs). Why were the only signatories industrialized countries? Two reasons are usually put forth. The first is pragmatism, in that only this group, as...