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Russian Economy and Mechanisms of Global Climate Regulation

Author

Listed:
  • Shirov, A.

    (Institute of Economic Forecasting, Russian Academy of Sciences, Moscow, Russia)

  • Kolpakov, A.

    (Institute of Economic Forecasting, Russian Academy of Sciences, Moscow, Russia)

Abstract

The article analyzes the approaches for anthropogenic carbon dioxide emissions estimation. Existing mechanisms of climate regulation register only production-based emissions and do not take into account the international carbon flows in the form of goods that have been produced in one country and consumed in another one. As a result, many developing countries regard the theme of greenhouse gas emissions limiting as a way to restrict their economic and technological development, as well as maintain leadership of developed countries in the world market. Consumption-based method of emissions estimation provide a higher quality way to consider the issue about separation of intercountry responsibility to reduce the anthropogenic impact on the climate of the planet. However, it requires us to obtain quantitative estimates of emissions related to the production of exported and imported goods. We analyze the advantages and disadvantages of the approaches for calculating such indicators. Then we estimate anthropogenic emissions for Russia using different methods. Acceptability of using such evaluations to form binding limits on anthropogenic emissions for Russia is analyzed. On the basis of scenario forecasting we make a conclusion that with the Russia's GDP growth rate comparable to that of world economy up to 2030 the volume of emissions will significantly increase. Consequently, our emissions limit goals as well as the methodology of their calculation may become the additional constraints for rapid modernization of Russian economy.

Suggested Citation

  • Shirov, A. & Kolpakov, A., 2016. "Russian Economy and Mechanisms of Global Climate Regulation," Journal of the New Economic Association, New Economic Association, vol. 32(4), pages 87-110.
  • Handle: RePEc:nea:journl:y:2016:i:32:p:87-110
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    References listed on IDEAS

    as
    1. Misato Sato, 2014. "Embodied Carbon In Trade: A Survey Of The Empirical Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 831-861, December.
    2. Rahel Aichele & Gabriel Felbermayr, 2015. "Kyoto and Carbon Leakage: An Empirical Analysis of the Carbon Content of Bilateral Trade," The Review of Economics and Statistics, MIT Press, vol. 97(1), pages 104-115, March.
    3. Igor A. Makarov & Anna K. Sokolova, 2015. "Carbon emissions embodied in Russia’s trade," FIW Working Paper series 149, FIW.
    4. Nadim Ahmad & Andrew Wyckoff, 2003. "Carbon Dioxide Emissions Embodied in International Trade of Goods," OECD Science, Technology and Industry Working Papers 2003/15, OECD Publishing.
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    Cited by:

    1. B. N. Porfiryev, 2019. "Effective Action Strategy to Cope with Climate Change and Its Impact on Russia’s Economy," Studies on Russian Economic Development, Springer, vol. 30(3), pages 235-244, May.
    2. A. Yu. Kolpakov, 2020. "Energy Efficiency: Its Role in Inhibiting Carbon Dioxide Emissions and Defining Factors," Studies on Russian Economic Development, Springer, vol. 31(6), pages 691-699, November.

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    More about this item

    Keywords

    economic dynamics; anthropogenic emissions; foreign trade; inter-industry interactions; long-term forecast; restrictions of economic development;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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