International Climate Policy and Regional Welfare Weights
We impute a global social welfare function that is consistent with the burden sharing in the Kyoto Protocol and in two proposals for a post-Kyoto treaty. The Kyoto Protocol favored the EU. The Frankel proposal for a post-Kyoto treaty continues the favorable treatment of the EU, while the EU proposal puts more weight on the wellbeing of other OECD countries at the expense of its own residents. Ignoring income differences, the EU proposal for a post-Kyoto treaty favors developing countries. However, if income differences are taken into account, the EU proposal is not at all generous to developing countries.
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- Yohe, Gary W. & Tol, Richard S. J. & Anthoff, David, 2009.
"Discounting for Climate Change,"
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- Anthoff, David & Tol, Richard S. J. & Yohe, Gary W., 2009. "Discounting for Climate Change," Economics Discussion Papers 2009-15, Kiel Institute for the World Economy (IfW).
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"Equity Weighting and the Marginal Damage Costs of Climate Change,"
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NBER Working Papers
4425, National Bureau of Economic Research, Inc.
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- repec:eme:jespps:v:32:y:2005:i:1:p:47-59 is not listed on IDEAS
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