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Trading hot air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol

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dc.creator Klepper, Gernot
dc.creator Peterson, Sonja
dc.date 2002
dc.date.accessioned 2013-10-16T06:05:41Z
dc.date.available 2013-10-16T06:05:41Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2870
dc.identifier ppn:356927849
dc.identifier ppn:356927849
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2870
dc.description After the conferences in Bonn and Marrakech it is likely that international emission trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot air. Different scenarios do not only differ in their implications for the demand and supply of permits and thus the permit price, but also in their allocative effects. In this paper we discuss likely institutional designs for permit allocation in the hot-air economies and the use of market power and quantify the resulting effects with and without US partieipation by using the computable general equilibrium model DART
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1133
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C68
dc.subject D58
dc.subject F18
dc.subject Q48
dc.subject ddc:330
dc.subject ddc:330
dc.subject emission trading
dc.subject hot air
dc.subject permit allocation
dc.subject market power
dc.subject Kyoto Protocol
dc.subject CGE Model
dc.subject DART
dc.subject Emissionsrechte
dc.subject Klimaschutz
dc.subject Umweltabkommen
dc.subject Allgemeines Gleichgewicht
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.title Trading hot air : the influence of permit allocation rules, market power and the US withdrawal from the Kyoto Protocol
dc.type doc-type:workingPaper


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