IDEAS home Printed from
   My bibliography  Save this paper

Strategic International Agreement on Global Environment Management


  • Kazuharu Kiyono

    (School of Political Science and Economics, Waseda University)

  • Masahiro Okuno-Fujiwara

    (Faculty of Economics, The University of Tokyo)


When future international agreement on global environmental control is anticipated, decisions for controlling current carbon gas emissions by improving the country's abatement capabilities are strongly affected by the likelihood of such agreements as well as their probable outcome. We construct a two-period, two-country model where the quality of the atmospheric environment is a global public capital. Countries invest in abatement investments in the first period and engage in production activities in the second period. Applying the incomplete contract approach to this model where (re)negotiation with or without side payments may take place in the second period, we examine the following questions: What are the characteristics of countries that make their bargaining position more advantageous? What are the cause of distortions in ex ante capital investments as well as in ex post incentives for environmental improvement? What are the characteristics of countries that are prone to these distortions?

Suggested Citation

  • Kazuharu Kiyono & Masahiro Okuno-Fujiwara, 2004. "Strategic International Agreement on Global Environment Management," CIRJE F-Series CIRJE-F-279, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:fseres:2004cf279

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    2. Miyazaki, Hajime, 1986. "Labor-Management Bargaining: Contract Curves and Slutsky Equations," Journal of Political Economy, University of Chicago Press, vol. 94(6), pages 1225-1245, December.
    3. Scott Barrett, 1994. "The biodiversity supergame," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(1), pages 111-122, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:fseres:2004cf279. 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: (CIRJE administrative office). General contact details of provider: .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.