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Technology, Unilateral Commitments and Cumulative Emissions Reduction

Author

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  • 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, 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, Department of Economics 200808, Department of Economics, University of St. Andrews.
    2. Chatterji, Shurojit & Ghosal, Sayantan & Walsh, Sean & Whalley, John, 2009. "Unilateral measures and global emissions mitigation," The Warwick Economics Research Paper Series (TWERPS) 915, University of Warwick, Department of Economics.
    3. Shurojit Chatterji & Sayantan Ghosal & Sean Walsh & John Whalley, 2014. "Unilateral Measures and Emissions Mitigation," World Scientific Book Chapters,in: THE GLOBAL DEVELOPMENT OF POLICY REGIMES TO COMBAT CLIMATE CHANGE, chapter 8, pages 181-223 World Scientific Publishing Co. Pte. Ltd..
    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. Hans Gersbach & Noemi Hummel, 2009. "Climate Policy and Development," CESifo Working Paper Series 2807, CESifo Group Munich.
    6. 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.
    7. David Hendry, 2010. "Climate Change: Lessons for our Future from the Distant Past," Economics Series Working Papers 485, University of Oxford, 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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