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Global and Regional Impacts of the Clean Development Mechanism

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Author Info
Shunli Wang
Henri L.F. de Groot () (VU University)
Peter Nijkamp () (VU University)
Erik T. Verhoef () (VU University)

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Abstract

Climate change is a serious concern worldwide. Policy research on climate change in the past decades has largely focused on applied modelling exercises. However, the implications of specific policy strategies such as the clean development mechanism (CDM) for global and regional economic and environmental developments has received relatively little attention. This is partly caused by the complexities of modelling an instrument like CDM. By using and modifying the GTAP-E modelling system, this paper sets out to trace the combined economic and environmental impacts of CDM policies. Particular emphasis is placed on technology transfer induced by alternative CDM policies. Specific attention is devoted to the possible negative consequences of non-participation of the USA in the global coalition, and the associated distributional impacts world-wide.

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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 09-045/3.

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Date of creation: 20 May 2009
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Handle: RePEc:dgr:uvatin:20090045

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Related research
Keywords: Climate Change; Clean Development Mechanism; Regional Development;

Find related papers by JEL classification:
F18 - International Economics - - Trade - - - Trade and Environment
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting

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  2. Burniaux, Jean-Marc & Truong Truong, 2002. "GTAP-E: An Energy-Environmental Version of the GTAP Model," GTAP Technical Papers 923, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University. [Downloadable!]
  3. Withagen, C. A. A. M., 1996. "Sustainability and investment rules," Economics Letters, Elsevier, vol. 53(1), pages 1-6, October. [Downloadable!] (restricted)
  4. Bramoulle, Yann & Olson, Lars J., 2005. "Allocation of pollution abatement under learning by doing," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1935-1960, September. [Downloadable!] (restricted)
  5. Loschel, Andreas, 2002. "Technological change in economic models of environmental policy: a survey," Ecological Economics, Elsevier, vol. 43(2-3), pages 105-126, December. [Downloadable!] (restricted)
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  6. Michael Grubb, 2000. "Economic dimensions of technological and global responses to the Kyoto protocol," Journal of Economic Studies, Emerald Group Publishing, vol. 27(1/2), pages 111-125, January. [Downloadable!] (restricted)
  7. Böhringer, Christoph & Conrad, Klaus & Löschel, Andreas, . "Carbon Taxes and Joint Implementation," IVS discussion paper series 591, Institut für Volkswirtschaft und Statistik (IVS), University of Mannheim. [Downloadable!]
  8. Marzio Galeotti & Sergio Vergalli & Efrem Castelnuovo & Gretel Gambarelli, 2003. "Learning by Doing vs Learning by Researching in a Model of Climate Change Policy Analysis," Working Papers 2003.11, Fondazione Eni Enrico Mattei. [Downloadable!]
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