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Marginal abatement cost curves in general equilibrium: The influence of world energy prices

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dc.creator Klepper, Gernot
dc.creator Peterson, Sonja
dc.date 2006
dc.date.accessioned 2013-10-16T06:24:09Z
dc.date.available 2013-10-16T06:24:09Z
dc.date.issued 2013-10-16
dc.identifier Resource and energy economics 0928-7655 28 2006 1 1-23
dc.identifier http://hdl.handle.net/10419/3775
dc.identifier ppn:507257537
dc.identifier ppn:507257537
dc.identifier RePEc:zbw:ifwkie:3775
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3775
dc.description Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We discuss the mechanisms theoretically and then use the CGE model DART for quantitative simulations. The result is, that changes in energy prices resulting from different global abatement levels do indeed affect national MACCs. Also, we compare different possibilities of defining MACCs - of which some are robust against changes in energy prices while others vary considerably.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F18
dc.subject D58
dc.subject C68
dc.subject Q41
dc.subject ddc:330
dc.subject Climate change , marginal abatement cost curves , energy prices , computable general equilibrium model
dc.subject Klimaschutz
dc.subject Klimaveränderung
dc.subject Umweltschutzkosten
dc.subject Erdölpreis
dc.subject Allgemeines Gleichgewicht
dc.subject Simulation
dc.subject Welt
dc.title Marginal abatement cost curves in general equilibrium: The influence of world energy prices
dc.type doc-type:article


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