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Equity, Development, and Climate Change Control

Author

Listed:
  • Francesco Bosello

    (Fondazione Eni Enrico Mattei,)

  • Barbara Buchner

    (Fondazione Eni Enrico Mattei,)

  • Carlo Carraro

    (University of Venice and Fondazione Eni Enrico Mattei,)

Abstract

The paper analyzes the effects of different equity principles on the decision of developing countries to join a world coalition whose aim is to control greenhouse gas emissions. A game-theoretic framework is proposed to assess the incentives for different countries to sign an international treaty on climate change control. Then, the effects of different equity rules on these incentives are evaluated by using a dynamic integrated growth and climate model. Policy proposals based on transfers from developed to developing countries are also analyzed. (JEL: C7, H0, H3, Q38) Copyright (c) 2003 The European Economic Association.

Suggested Citation

  • Francesco Bosello & Barbara Buchner & Carlo Carraro, 2003. "Equity, Development, and Climate Change Control," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 601-611, 04/05.
  • Handle: RePEc:tpr:jeurec:v:1:y:2003:i:2-3:p:601-611
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    References listed on IDEAS

    as
    1. Gilles Saint-Paul, 2001. "The Dynamics of Exclusion and Fiscal Conservatism," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(2), pages 275-302, April.
    2. Oded Galor & Joseph Zeira, 1993. "Income Distribution and Macroeconomics," Review of Economic Studies, Oxford University Press, vol. 60(1), pages 35-52.
    3. Per Krusell & José-Víctor Ríos-Rull, 1996. "Vested Interests in a Positive Theory of Stagnation and Growth," Review of Economic Studies, Oxford University Press, vol. 63(2), pages 301-329.
    4. Roland Benabou, 2000. "Unequal Societies: Income Distribution and the Social Contract," American Economic Review, American Economic Association, vol. 90(1), pages 96-129, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • H0 - Public Economics - - General
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)

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