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Technology, Unilateral Commitments and Cumulative Emissions Reduction

Author

Listed:
  • Shurojit Chatterji
  • Sayantan Ghosal

Abstract

In this article, we argue that weak property rights over transnational pollution and the limited threat of retaliatory punishments blunts the effectiveness of a broad-based multilateral agreement to deliver the emission reductions required to mitigate climate change. Instead, we propose a policy framework that builds on unilateral commitments, endogenous innovation and technology transfer that could lead to cumulative emissions reduction by altering the participation constraints of nations over time. (JEL codes: Q54, F53, Q50) Copyright , Oxford University Press.

Suggested Citation

  • Shurojit Chatterji & Sayantan Ghosal, 2009. "Technology, Unilateral Commitments and Cumulative Emissions Reduction," CESifo Economic Studies, CESifo Group, vol. 55(2), pages 286-305, June.
    • Handle: RePEc:oup:cesifo:v:55:y:2009:i:2:p:286-305
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    File URL: http://hdl.handle.net/10.1093/cesifo/ifp009
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    Citations

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    Cited by:

    1. Geethanjali Selvaretnam & Kannika Thampanishvong, 2008. "Future of the Clean Development Mechanism in tackling climate change," Discussion Paper Series, School of Economics and Finance 200808, School of Economics and Finance, University of St Andrews.
    2. Shurojit Chatterji & Sayantan Ghosal & Sean Walsh & John Whalley, 2014. "Unilateral Measures and Emissions Mitigation," World Scientific Book Chapters, in: Nicholas Stern & Alex Bowen & John Whalley (ed.), THE GLOBAL DEVELOPMENT OF POLICY REGIMES TO COMBAT CLIMATE CHANGE, chapter 8, pages 181-223, World Scientific Publishing Co. Pte. Ltd..
    3. Hans Gersbach & Noemi Hummel, 2009. "Climate Policy and Development," CESifo Working Paper Series 2807, CESifo.
    4. Shurojit Chatterji & Sayantan Ghosal & Sean Walsh & John Whalley, 2014. "Unilateral Emissions Mitigation, Spillovers, And Global Learning," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-16.
    5. Gersbach, Hans & Hummel, Noemi, 2016. "A development-compatible refunding scheme for a climate treaty," Resource and Energy Economics, Elsevier, vol. 44(C), pages 139-168.
    6. David Hendry, 2010. "Climate Change: Lessons for our Future from the Distant Past," Economics Series Working Papers 485, University of Oxford, Department of Economics.
    7. Chatterji, Shurojit & Ghosal, Sayantan & Walsh, Sean & Whalley, John, 2009. "Unilateral measures and global emissions mitigation," Economic Research Papers 271285, University of Warwick - Department of Economics.
    8. Gersbach, Hans & Hummel, Noemi, 2011. "Climate Policy and Developing Countries," CEPR Discussion Papers 8685, C.E.P.R. Discussion Papers.

    More about this item

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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