The green paradox in open economies
"This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international environ...
Main Author: | |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Munich
2014
CESifo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19110371124919385539-The-green-paradox-in-open-econ.htm |
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author | Van Long, Ngo |
author_facet | Van Long, Ngo |
collection | Library items |
description | "This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international environmental agreement are reviewed. As a first step, the various channels that lead to carbon leakage in static models of open economies are identified, and some simulation results are reported. This is complemented by a review of the possibility of green paradox outcomes in dynamic open-economy models with an exhaustible resource exploited by far-sighted firms. It is shown that border tax adjustments can lead to a green paradox outcome. Directions for future research are suggested." |
format | TEXT |
id | 19110371124919385539_ac18b6da7af14eb697606d1f8e407138 |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19110371124919385539_ac18b6da7af14eb697606d1f8e407138 |
is_hierarchy_title | The green paradox in open economies |
language | English |
physical | 27 p. Digital |
publishDate | 2014 |
publisher | Munich CESifo |
spellingShingle | Van Long, Ngo climate change fiscal policy gas emission sustainable development The green paradox in open economies |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=109402492768 |
title | The green paradox in open economies |
topic | climate change fiscal policy gas emission sustainable development |
url | https://www.labourline.org/KENTIKA-19110371124919385539-The-green-paradox-in-open-econ.htm |