Climate policy in a globalizing world
Subtitle: a CGE model with capital mobility and trade
By: Katrin Springer
Series: Kieler Studien = -- Keil studies -- 320; Kieler Studien -- 320
Publisher: Springer
Published: 2002
Place of publication: Berlin; New York
Language: eng
Number of pages: 293
Subjects: Environmental economics; Climatic changes -- Government policy -- Economic aspects; Globalization; International trade; Capital movements
Description: "This book examines the allocational and distributional impacts of international climate policy on different regions of the world by taking into account the ongoing process of globalization. It concentrates on the impacts of trade in goods and international capital mobility on climate policy outcomes. The costs of an international climate policy are assessed by incorporating the Kyoto Protocol into a multi-regional, multi-sectoral, recursive dynamic trade model based on empirical data.

Climate policy leads to a change in relative competitiveness between sectors and regions, thus inducing output shifts, international capital flows, welfare changes and carbon leakage. Welfare costs can be reduced by a higher integration into the world market and a diversification of the export structure."--BOOK JACKET.
Notes: Includes bibliographical references (p. [281]-293)