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A general equilibrium analysis of emission allowances

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Author Info
Alexandrine Jamin () (Centre d'Economie de la Sorbonne)
Antoine Mandel () (Centre d'Economie de la Sorbonne)

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Abstract

Each Party of the Kyoto Protocol on Climate Change must achieve quantified green-house gases emission reduction. one of the major policy instrument to be used to comply with these commitments is the opening of an emission allowances market. This paper analyzes, in the general equilibrium framework, the effects of the opening of such a market on the economic equilibrium.

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File URL: ftp://mse.univ-paris1.fr/pub/mse/cahiers2006/B06003.pdf
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Publisher Info
Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number b06003.

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Length: 25 pages
Date of creation: Jan 2006
Date of revision:
Handle: RePEc:mse:wpsorb:b06003

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Related research
Keywords: General Equilibrium Theory; emission allowances; general pricing rules; sensitivity.;

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Find related papers by JEL classification:
D59 - Microeconomics - - General Equilibrium and Disequilibrium - - - Other
Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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References listed on IDEAS
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.:
  1. Kihlstrom, Richard E & Mas-Colell, Andreu & Sonnenschein, Hugo, 1976. "The Demand Theory of the Weak Axiom of Revealed Preference," Econometrica, Econometric Society, vol. 44(5), pages 971-78, September. [Downloadable!] (restricted)
  2. Cornet, B., 1984. "Existence of equilibria in economies with increasing returns," CORE Discussion Papers 1984007, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. Bonnisseau, Jean-Marc & Cornet, Bernard, 1988. "Existence of equilibria when firms follow bounded losses pricing rules," Journal of Mathematical Economics, Elsevier, vol. 17(2-3), pages 119-147, April. [Downloadable!] (restricted)
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  4. Bonnisseau, Jean-Marc & Cornet, Bernard, 1990. "Existence of Marginal Cost Pricing Equilibria: The Nonsmooth Case," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(3), pages 685-708, August. [Downloadable!] (restricted)
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  5. Dr. Peter Kenning & Hilke Plassmann, 2004. "NeuroEconomics," Experimental 0412005, EconWPA. [Downloadable!]
  6. Jean-Marc Bonnisseau & Alexandrine Jamin, 2003. "Equilibria with increasing returns : sufficient conditions on bounded production allocations," Cahiers de la Maison des Sciences Economiques b05045, Université Panthéon-Sorbonne (Paris 1), revised Jun 2005. [Downloadable!]
    Other versions:
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Cited by:
(explanations, 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.)

  1. Antoine Mandel, 2009. "Changes in the firms behavior after the opening of markets of allowances," Economic Theory, Springer, vol. 40(1), pages 1-25, July. [Downloadable!] (restricted)
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