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Controlling Greenhouse Gases: A Survey of Global Macroeconomic Studies

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  • Boero, G.
  • Clarke, R.
  • Winters, L.A.

Abstract

A conceptual framework which identifies the main determinants of the macroeconomic costs of abating greenhouse gases is developed. This is used to survey long-term quantitative studies of abatement, especially their modelling approaches and choices of key parameters. These studies suggest that each 20% abatement below business-as-usual emissions is likely to cost approximately 1% of gross world product. Copyright 1996 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
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Suggested Citation

  • Boero, G. & Clarke, R. & Winters, L.A., 1991. "Controlling Greenhouse Gases: A Survey of Global Macroeconomic Studies," Discussion Papers 91-25, Department of Economics, University of Birmingham.
  • Handle: RePEc:bir:birmec:91-25
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    Cited by:

    1. García Fernández, Cristina, 2006. "Cost-benefit Analysis and the Difficulty of Applying it to Climate Change/El análisis coste-beneficio y la dificultad de su aplicación al cambio climático," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 24, pages 639(12á)-63, Agosto.
    2. Xavier Labandeira & Miguel Rodriguez, 2004. "The Effects of a Sudden CO2 reduction in Spain," Others 0412001, EconWPA.
    3. John P. Weyant, 1993. "Costs of Reducing Global Carbon Emissions," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 27-46, Fall.
    4. Edwards, T. Huw. & Hutton, John P., 2001. "Allocation of carbon permits within a country: a general equilibrium analysis of the United Kingdom," Energy Economics, Elsevier, vol. 23(4), pages 371-386, July.
    5. Gerlagh, Reyer & Dellink, Rob & Hofkes, Marjan & Verbruggen, Harmen, 2002. "A measure of sustainable national income for the Netherlands," Ecological Economics, Elsevier, vol. 41(1), pages 157-174, April.
    6. Edwards, T. Huw & Hutton, John P., 1999. "The Allocation of Carbon Permits within One Country : A General Equilibrium Analysis of the United Kingdom," The Warwick Economics Research Paper Series (TWERPS) 540, University of Warwick, Department of Economics.

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    Keywords

    environment ; costs ; gaz ; air pollution;

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