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Exploring the Nature of Strategic Interactions in the Ratification Process of the Kyoto Protocol

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  • Alexandre Sauquet

    (CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

Abstract

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.

Suggested Citation

  • Alexandre Sauquet, 2012. "Exploring the Nature of Strategic Interactions in the Ratification Process of the Kyoto Protocol," Working Papers halshs-00607785, HAL.
    • Handle: RePEc:hal:wpaper:halshs-00607785
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00607785v3
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    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • F - International Economics
    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies

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