Intertemporal transfers of emission quotas in climate policies

被引：6

作者：

Brechet, Thierry ^{[1
,2
]}

Lambrecht, Stephane ^{[5
]}

Prieur, Fabien ^{[3
,4
]}

机构：

[1] Univ Catholique Louvain, Ctr Operat Res & Econometr, Chair Lhoist Berghmans Environm Econ & Management, B-1348 Louvain, Belgium

[2] Univ Catholique Louvain, LouvainSch Management, Chair Lhoist Berghmans Environm Econ & Management, B-1348 Louvain, Belgium

[3] Univ Savoie, IREGE, F-74944 Annecy Le Vieux, France

[4] LAMETA, F-74944 Annecy Le Vieux, France

[5] Univ Sci & Technol Lille, Univ Lille, Fac Sci Econ & Sociales, Lab EQUIPPE, F-59655 Villeneuve Dascq, France

来源：

ECONOMIC MODELLING | 2009年 / 26卷 / 01期

关键词：

Pollution; Optimal growth; Overlapping generations; Climate change; GROWTH; ENVIRONMENT; MODEL;

D O I：

10.1016/j.econmod.2008.06.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We are interested in situations in which governments are committed to some Pollution abatement constraint which does not match the society's most preferred level Of Pollution, like in the Current climate change policies undergone on behalf of the Kyoto protocol. We develop ail overlapping generations model with capital and Pollution in which the individuals care about the environmental quality. We show that slightly improving the intertemporal flexibility of the emission quotas by authorizing two-period backward and forward transfers allows to decentralize the whole optimal growth path at competitive equilibrium. (c) 2008 Elsevier B.V. All rights reserved.

引用

页码：126 / 134

页数：9

共 11 条

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