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On the robustness of marginal abatement cost curves : the influence of world energy prices

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dc.creator Klepper, Gernot
dc.creator Peterson, Sonja
dc.date 2003
dc.date.accessioned 2013-10-16T06:25:51Z
dc.date.available 2013-10-16T06:25:51Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2948
dc.identifier ppn:362653666
dc.identifier ppn:362653666
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2948
dc.description Since the study of Ellerman and Decaux (1998) marginal abatement cost curves (MACCs) have become one of the favorite instruments to analyze the impacts of the implementation of the Kyoto Protocol and emission trading. This paper shows that the MACC in one country depends - via the link of world energy prices - on the level of abate-ment in the rest of the world. The strength of the dependence is influenced by factors, such as trade elasticities and trade structures. After discussing the mechanism theoretically, the CGE model DART is used to quantify the effects. We show that the MACC of a region does indeed shift with changes in the abatement level in the rest of the world and that especially with low domestic abatement level the MACCs can differ considerably.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1138
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C68
dc.subject D58
dc.subject F18
dc.subject Q41
dc.subject ddc:330
dc.subject ddc:330
dc.subject marginal abatement costs
dc.subject energy prices
dc.subject computable general equilibrium model
dc.subject DART
dc.subject Klimaschutz
dc.subject Emissionsrechte
dc.subject Kostenfunktion
dc.subject Energie
dc.subject Preis
dc.subject Rohstoffpreis
dc.subject Internationale Wirtschaftsbeziehungen
dc.subject Allgemeines Gleichgewicht
dc.subject Theorie
dc.subject Welt
dc.title On the robustness of marginal abatement cost curves : the influence of world energy prices
dc.type doc-type:workingPaper


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