Arbeitspapier
Valuing Tradable CO2 Permits for OECD Countries
We estimate a structural model of OECD countries in which GDP and CO2 emissions are endogenous. We use the estimated model to simulate the price of tradable CO2 permits and the efficiency gains from trade. Our estimated prices are high, relative to previous estimates, and the efficiency gains are substantial. We also find, contrary to previous literature, that higher income is associated with reduced emissions.
- Language
-
Englisch
- Bibliographic citation
-
Series: Nota di Lavoro ; No. 31.1999
- Classification
-
Wirtschaft
Trade: Forecasting and Simulation
Renewable Resources and Conservation: Government Policy
Energy and the Macroeconomy
- Subject
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Tradable permits
Greenhouse gases
Carbon reductions
Environmental Kuznets curve
Emissionshandel
Handelbare Güter
Außenhandelsgewinn
Außenhandelspreis
Luftreinhaltung
Treibhausgas-Emissionen
Sozialprodukt
Theorie
OECD-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Karp, Larry
Liu, Xuemei
- Event
-
Veröffentlichung
- (who)
-
Fondazione Eni Enrico Mattei (FEEM)
- (where)
-
Milano
- (when)
-
1999
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Karp, Larry
- Liu, Xuemei
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 1999