Arbeitspapier

An Infinite-Horizon Model of Dynamic Membership of International Environmental Agreements

Much of the literature on international environmental agreements uses static models, although most important transboundary pollution problems involve stock pollutants. The few papers that study IEAs using models of stock pollutants do not allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple infinite-horizon version of the Barrett (1994) model, in which unit damage costs increase with the stock of pollution, and countries decide each period whether to join an IEA. We show that there exists a steady-state stock of pollution with corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership of the IEA declines (rises) as the stock of pollution tends to steady-state. As we increase the parameter linking damage costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant over time.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 57.2003

Klassifikation
Wirtschaft
International Economic Order and Integration
Trade and Environment
Renewable Resources and Conservation: General
Thema
Self-enforcing international environmental agreements
Internal and external stability
Stock pollutant
Umweltabkommen
Mitgliedschaft
Grenzüberschreitende Umweltbelastung
Spieltheorie
Kooperatives Spiel

Ereignis
Geistige Schöpfung
(wer)
Rubio, Santiago
Ulph, Alistair
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Rubio, Santiago
  • Ulph, Alistair
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2003

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