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dc.contributor.authorBurniaux, Jean-Marc*
dc.contributor.authorOliveira Martins, Joaquim*
dc.date.accessioned2012-01-25T14:59:40Z
dc.date.available2012-01-25T14:59:40Z
dc.date.issued2012-02
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/7970
dc.language.isoenen
dc.subjectCarbon leakagesen
dc.subjectClimate changeen
dc.subjectComputable and applied general equilibrium modelsen
dc.subjectEnergy supply and demanden
dc.subject.ddc333en
dc.subject.classificationjelD.D5.D58en
dc.subject.classificationjelQ.Q3.Q32en
dc.subject.classificationjelQ.Q4.Q43en
dc.titleCarbon leakages : a general equilibrium viewen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThe effectiveness of unilateral action to curb carbon emissions has been dismissed because of possible “carbon leakages”, this referring to the rise of emissions in non-participating countries. This paper offers a general equilibrium (GE) exploration of the key mechanisms and factors underlying the size of carbon leakages. We developed a two-region, two-goods simplified GE framework, incorporating three types of fossil fuels (coal, oil and low-carbon energy), international trade and capital mobility. The model was designed to make tractable extensive multidimensional sensitivity analysis. The results suggest that the coal supply elasticity plays a critical role, while substitution elasticities between traded goods and international capital mobility appear relatively less influential. The shape of the production function also matters for the size of the leakages. Confirming the results obtained with large computable GE models, for a wide range of parameters’ values, carbon leakages appear to be small. Therefore, the argument that unilateral carbon abatement action taken by a large group of countries (such as the Annex 1 group) is flawed by significant carbon leakages is not supported by our sensitivity analysis. The likelihood of small leakages favours in fact the formation of a worldwide coalition to stabilise climate change.en
dc.relation.isversionofjnlnameEconomic theory
dc.relation.isversionofjnlvol49en
dc.relation.isversionofjnlissue2en
dc.relation.isversionofjnldate2012-02
dc.relation.isversionofjnlpages473-495en
dc.relation.isversionofdoi10.1007/s00199-010-0598-yen
dc.description.sponsorshipprivateouien
dc.relation.isversionofjnlpublisherSpringeren
dc.subject.ddclabelEconomie de la terre et des ressources naturellesen
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
hal.person.labIds*
hal.person.labIds256094*
hal.identifierhal-01618224*


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