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...

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Bibliographic Details
Main Author: Van Long, Ngo
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