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External Balance, Dynamic Efficiency, and the Welfare Costs of Unilateral Permit Policy in Interdependent Economies

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  • Karl FARMER
  • Birgit BEDNAR-FRIEDL
Abstract
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Suggested Citation

  • Karl FARMER & Birgit BEDNAR-FRIEDL, 2009. "External Balance, Dynamic Efficiency, and the Welfare Costs of Unilateral Permit Policy in Interdependent Economies," EcoMod2009 21500029, EcoMod.
    • Handle: RePEc:ekd:000215:21500029
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    File URL: http://www.ecomod.net/sites/default/files/document-conference/ecomod2009/965.pdf
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    References listed on IDEAS

    as
    1. Tetsuo Ono, 2002. "The Effects of Emission Permits on Growth and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 75-87, January.
    2. Michael Finus & Alejandro Caparrós (ed.), 2015. "Game Theory and International Environmental Cooperation," Books, Edward Elgar Publishing, number 15345.
    3. John, A & Pecchenino, R, 1994. "An Overlapping Generations Model of Growth and the Environment," Economic Journal, Royal Economic Society, vol. 104(427), pages 1393-1410, November.
    4. Persson, Torsten, 1985. "Deficits and intergenerational welfare in open economies," Journal of International Economics, Elsevier, vol. 19(1-2), pages 67-84, August.
    5. Jouvet, Pierre-André & Michel, Philippe & Rotillon, Gilles, 2005. "Equilibrium with a market of permits," Research in Economics, Elsevier, vol. 59(2), pages 148-163, June.
    6. Copeland, Brian R. & Taylor, M. Scott, 2005. "Free trade and global warming: a trade theory view of the Kyoto protocol," Journal of Environmental Economics and Management, Elsevier, vol. 49(2), pages 205-234, March.
    7. Birgit Bednar-Friedl & Karl Farmer & Andreas Rainer, 2010. "Effects of Unilateral Climate Policy on Terms of Trade, Capital Accumulation, and Welfare in a World Economy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 47(4), pages 495-520, December.
    8. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, September.
    9. Bohringer, Christoph & Vogt, Carsten, 2004. "The dismantling of a breakthrough: the Kyoto Protocol as symbolic policy," European Journal of Political Economy, Elsevier, vol. 20(3), pages 597-617, September.
    10. Obstfeld, Maurice, 1989. "Fiscal deficits and relative prices in a growing world economy," Journal of Monetary Economics, Elsevier, vol. 23(3), pages 461-484, May.
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