Exploring the Nature of Strategic Interactions in the Ratification Process of the Kyoto Protocol
Do countries interact when they decide whether or not to ratify the Kyoto Protocol? If so, what is the nature of these interactions? To answer these questions, we provide a theoretical analysis based on the notions of strategic substitutability and strategic complementarity. Firstly, we analyze the nature of interactions between countries when they are merely seeking to provide a global public good. Secondly, we argue that countries have ties in several spheres in the real world and we try to shed light on the nature of the strategic interactions generated by geographic proximity, trade flows, and green investment flows. The empirical investigation is realized via the estimation of a parametric survival model, and our data sample covers 164 countries for the period from 1998 to 2009. We find evidence that, while countries' ratification decisions are originally strategic substitutes, they became strategic complements when we focus on the ratification decisions of specific peers.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (33-4) 73 17 74 00
Fax: (33-4) 73 17 74 28
Web page: http://cerdi.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cdi:wpaper:1275. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vincent Mazenod)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.