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The Effect of Kyoto Emission Targets on Domestic CO2 Emissions: A Synthetic Control Approach

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  • Christian Almer
  • Ralph Winkler

Abstract

We use recent developments in the empirics of comparative case studies to analyze the effect of binding emission targets under the Kyoto Protocol on the development of CO2 emissions of seven major Annex B countries. In particular, we investigate whether committing to a specific greenhouse gas emissions target had an effect on actual CO2 emissions of Australia, Canada, France, Germany, Great Britain, Italy and Japan by using a synthetic control approach. With the exception of Great Britain, we are not able to reject the hypothesis that there has been no effect of binding emission targets on actual emissions.

Suggested Citation

  • Christian Almer & Ralph Winkler, 2012. "The Effect of Kyoto Emission Targets on Domestic CO2 Emissions: A Synthetic Control Approach," Diskussionsschriften dp1202, Universitaet Bern, Departement Volkswirtschaft.
  • Handle: RePEc:ube:dpvwib:dp1202
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    References listed on IDEAS

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    Cited by:

    1. Sylvain Weber & Reyer Gerlagh & Nicole A. Mathys & Daniel Moran, 2017. "CO2 embedded in trade: trends and fossil fuel drivers," Development Working Papers 413, Centro Studi Luca d'Agliano, University of Milano, revised 21 Feb 2017.

    More about this item

    Keywords

    Climate Policy; International Environmental Agreements; Kyoto Protocol; Synthetic Control Method;

    JEL classification:

    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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