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DOI | 10.1016/j.euroecorev.2024.104699 |
The consequences of non-participation in the Paris Agreement | |
Larch, Mario; Wanner, Joschka | |
发表日期 | 2024 |
ISSN | 0014-2921 |
EISSN | 1873-572X |
起始页码 | 163 |
卷号 | 163 |
英文摘要 | International cooperation is at the core of multilateral climate policy. How is its effectiveness harmed by individual countries not participating in the global mitigation effort? We use a multisector structural trade model with carbon emissions from production and a constant elasticity of fossil fuel supply function to simulate the consequences of unilateral non -participation in the Paris Agreement. Taking into account both direct and leakage effects, we find that nonparticipation of the US would eliminate more than a third of the world emissions reduction (31.8% direct effect and 6.4% leakage effect), while a potential non -participation of China lowers the world emission reduction by 24.1% (11.9% direct effect and 12.2% leakage effect). The substantial leakage is primarily driven by technique effects induced by falling international fossil fuel prices. In terms of welfare, the overwhelming majority of countries gain from the implementation of the Paris Agreement and most countries have only very little to gain from unilaterally deciding not to participate. |
英文关键词 | Climate change International trade Carbon leakage Fossil fuel supply |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Economics |
WOS记录号 | WOS:001201964300001 |
来源期刊 | EUROPEAN ECONOMIC REVIEW
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/292509 |
作者单位 | University of Bayreuth; Ifo Institut; Institut fur Weltwirtschaft an der Universitat Kiel (IFW) |
推荐引用方式 GB/T 7714 | Larch, Mario,Wanner, Joschka. The consequences of non-participation in the Paris Agreement[J],2024,163. |
APA | Larch, Mario,&Wanner, Joschka.(2024).The consequences of non-participation in the Paris Agreement.EUROPEAN ECONOMIC REVIEW,163. |
MLA | Larch, Mario,et al."The consequences of non-participation in the Paris Agreement".EUROPEAN ECONOMIC REVIEW 163(2024). |
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