Climate policies in a second-best world--A case study on India
AbstractThe aim of this article is to analyze the potential for synergies between climate policies and development in a case study on India focusing on the power sector sub-optimalities. To do so, we use Imaclim-R, a dynamic recursive energy-economy model that represents a second best world with market imperfections and short-run adjustments constraints along a long-term growth path. The analysis suggests (i) global carbon pricing induces prohibitive macroeconomic costs for the Indian economy, even in the case of significant financial transfers associated with a global cap-and-trade system and a 'Contraction and Convergence in 2100' allocation scheme and (ii) the most cost efficient climate policies are not uniform carbon pricing only. The implementation of domestic policies suited to the national context, for instance targeting sub-optimalities in the power sector for India, allows reducing significantly the macroeconomic costs induced by international mitigation policies.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 38 (2010)
Issue (Month): 3 (March)
Contact details of provider:
Web page: http://www.elsevier.com/locate/enpol
India Second-best world Synergies between climate mitigation and development;
Other versions of this item:
- Sandrine Mathy & Céline Guivarch, 2010. "Climate policies in a second-best world- a case study on India," Post-Print halshs-00724498, HAL.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Olivier Sassi & Renaud Crassous & Jean-Charles Hourcade & Vincent Gitz & Henri Waisman & Celine Guivarch, 2010.
"IMACLIM-R: a modelling framework to simulate sustainable development pathways,"
International Journal of Global Environmental Issues,
Inderscience Enterprises Ltd, vol. 10(1/2), pages 5-24.
- Jean-Charles Hourcade & Olivier Sassi & Renaud Crassous & Vincent Gitz & Henri Waisman & Céline Guivarch, 2010. "IMACLIM-R: a modelling framework to simulate sustainable development pathways," Post-Print hal-00566290, HAL.
- Carol Corrado & Joe Mattey, 1997. "Capacity Utilization," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 151-167, Winter.
- Urban, F. & Benders, R.M.J. & Moll, H.C., 2007. "Modelling energy systems for developing countries," Energy Policy, Elsevier, vol. 35(6), pages 3473-3482, June.
- Thakur, Tripta & Deshmukh, S.G. & Kaushik, S.C., 2006. "Efficiency evaluation of the state owned electric utilities in India," Energy Policy, Elsevier, vol. 34(17), pages 2788-2804, November.
- Oliveira Martins, Joaquim & Gonand, Frédéric & Antolín, Pablo & de la Maisonneuve, Christine & Yoo, Kwang-Yeol, 2005.
"The Impact of Ageing on Demand, Factor Markets and Growth,"
Economics Papers from University Paris Dauphine
123456789/11049, Paris Dauphine University.
- Joaquim Oliveira Martins & Frédéric Gonand & Pablo Antolín & Christine de la Maisonneuve & Kwang-Yeol Yoo, 2005. "The Impact of Ageing on Demand, Factor Markets and Growth," OECD Economics Department Working Papers 420, OECD Publishing.
- van Ruijven, Bas & Urban, Frauke & Benders, René M.J. & Moll, Henri C. & van der Sluijs, Jeroen P. & de Vries, Bert & van Vuuren, Detlef P., 2008. "Modeling Energy and Development: An Evaluation of Models and Concepts," World Development, Elsevier, vol. 36(12), pages 2801-2821, December.
- Shukla, P. R., 1995. "Greenhouse gas models and abatement costs for developing nations : A critical assessment," Energy Policy, Elsevier, vol. 23(8), pages 677-687, August.
- Massimo Filippini & Shonali Pachauri, 2002.
"Elasticities of Electricity Demand in Urban Indian Households,"
CEPE Working paper series
02-16, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Filippini, Massimo & Pachauri, Shonali, 2004. "Elasticities of electricity demand in urban Indian households," Energy Policy, Elsevier, vol. 32(3), pages 429-436, February.
- Céline Guivarch & Stéphane Hallegatte & Renaud Crassous, 2008.
"The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global Energy-Environment-Economy CGE Model,"
CIRED Working Papers
- Guivarch, Céline & Hallegatte, Stéphane & Crassous, Renaud, 2009. "The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model," Energy Policy, Elsevier, vol. 37(11), pages 4259-4266, November.
- Céline Guivarch & Stéphane Hallegatte & Renaud Crassous, 2009. "The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global Energy-Environment-Economy CGE Model," Post-Print hal-00566971, HAL.
- A. Bovenberg, 1999. "Green Tax Reforms and the Double Dividend: an Updated Reader's Guide," International Tax and Public Finance, Springer, vol. 6(3), pages 421-443, August.
- Sandrine Mathy & Céline Guivarch, 2009.
"What if energy decoupling of emerging economies were not so spontaneous ? An illustrative example on India,"
CIRED Working Papers
- Sandrine Mathy & Céline Guivarch, 2009. "What if energy decoupling of emerging economies were not so spontaneous? An illustrative example on India," Post-Print halshs-00366274, HAL.
- Céline Guivarch & Sandrine Mathy, 2012.
"Energy-GDP decoupling in a second best world--a case study on India,"
- Céline Guivarch & Sandrine Mathy, 2012. "Energy-GDP decoupling in a second best world—a case study on India," Climatic Change, Springer, vol. 113(2), pages 339-356, July.
- Meriem Hamdi-Cherif & Céline Guivarch & Philippe Quirion, 2011.
"Sectoral Targets for Developing Countries: Combining "Common but differentiated Responsibilities with meaningful Participation","
- Meriem Hamdi-Cherif & Céline Guivarch & Philippe Quirion, 2010. "Sectoral Targets for Developing Countries: Combining "Common but Differentiated Responsibilities" with "Meaningful participation"," Working Papers 2010.37, Fondazione Eni Enrico Mattei.
- Rao, Narasimha D., 2013. "Distributional impacts of climate change mitigation in Indian electricity: The influence of governance," Energy Policy, Elsevier, vol. 61(C), pages 1344-1356.
- Elmar Kriegler & Brian-C O'Neill & Stéphane Hallegatte & Tom Kram & Richard-H Moss & Robert Lempert & Thomas J Wilbanks, 2010. "Socio-economic Scenario Development for Climate Change Analysis," Working Papers hal-00866437, HAL.
- Emanuele Massetti, 2011. "Carbon tax scenarios for China and India: exploring politically feasible mitigation goals," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 11(3), pages 209-227, September.
- Neil Strachan & Will Usher, 2012. "Failure to achieve stringent carbon reduction targets in a second-best policy world," Climatic Change, Springer, vol. 113(2), pages 121-139, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.