IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v24y2006i4p520-535.html
   My bibliography  Save this article

Does The Kyoto Protocol Cost Too Much And Create Unbreakable Barriers For Economic Growth?

Author

Listed:
  • ALEXANDER GOLUB
  • ANIL MARKANDYA
  • DOMINIC MARCELLINO

Abstract

We look to the literature on short‐term cost models, long‐term models based on endogenous growth, and long‐term models that assume induced technical change, in order to demonstrate the current understanding of costs, which is the focus of the debate on abating climate change. Using these insights as well as other results—like the role of ancillary benefits and the lack of a relationship between decarbonization and economic growth—our contribution to this debate will be to help policy makers understand how economic analyses are conducted and how they should be used in the subsequent political discussions. (JEL Q52, Q54, Q58)

Suggested Citation

  • Alexander Golub & Anil Markandya & Dominic Marcellino, 2006. "Does The Kyoto Protocol Cost Too Much And Create Unbreakable Barriers For Economic Growth?," Contemporary Economic Policy, Western Economic Association International, vol. 24(4), pages 520-535, October.
    • Handle: RePEc:bla:coecpo:v:24:y:2006:i:4:p:520-535
    DOI: 10.1093/cep/byl012
    as

    Download full text from publisher

    File URL: https://doi.org/10.1093/cep/byl012
    Download Restriction: no
    File URL: https://libkey.io/10.1093/cep/byl012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Tol, Richard S. J., 2005. "The marginal damage costs of carbon dioxide emissions: an assessment of the uncertainties," Energy Policy, Elsevier, vol. 33(16), pages 2064-2074, November.
    2. Carraro, Carlo & Gerlagh, Reyer & Zwaan, Bob van der, 2003. "Endogenous technical change in environmental macroeconomics," Resource and Energy Economics, Elsevier, vol. 25(1), pages 1-10, February.
    3. Rock, Michael T., 1996. "Pollution intensity of GDP and trade policy: Can the World Bank be wrong?," World Development, Elsevier, vol. 24(3), pages 471-479, March.
    4. Selden Thomas M. & Song Daqing, 1994. "Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 147-162, September.
    5. Florentin Krause & Stephen J. DeCanio & J. Andrew Hoerner & Paul Baer, 2002. "Cutting Carbon Emissions At A Profit (Part I): Opportunities For The United States," Contemporary Economic Policy, Western Economic Association International, vol. 20(4), pages 339-365, October.
    6. Gene M. Grossman & Alan B. Krueger, 1995. "Economic Growth and the Environment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 353-377.
    7. Jeroen C.J.M. van den Bergh (ed.), 1999. "Handbook of Environmental and Resource Economics," Books, Edward Elgar Publishing, number 801.
    8. Goulder, Lawrence H. & Schneider, Stephen H., 1999. "Induced technological change and the attractiveness of CO2 abatement policies," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 211-253, August.
    9. Reyer Gerlagh, 2004. "A Climate-Change Policy Induced Shift from Innovations in Energy Production to Energy Savings," Working Papers 2004.128, Fondazione Eni Enrico Mattei.
    10. van Vuuren, D.P. & Cofala, J. & Eerens, H.E. & Oostenrijk, R. & Heyes, C. & Klimont, Z. & den Elzen, M.G.J. & Amann, M., 2006. "Exploring the ancillary benefits of the Kyoto Protocol for air pollution in Europe," Energy Policy, Elsevier, vol. 34(4), pages 444-460, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adam Rose & Dan Wei & Fynnwin Prager, 2012. "Distributional Impacts Of Greenhouse Gas Emissions Trading: Alternative Allocation And Recycling Strategies In California," Contemporary Economic Policy, Western Economic Association International, vol. 30(4), pages 603-617, October.
    2. Alessandro Antimiani & Valeria Costantini & Anil Markandya & Chiara Martini & Alessandro Palma, 2014. "A dynamic CGE modelling approach for analyzing trade-offs in climate change policy options: the case of Green Climate Fund," Working Papers 2014-05, BC3.
    3. Anil Markandya, 2009. "Forum 2009," Development and Change, International Institute of Social Studies, vol. 40(6), pages 1139-1152, November.
    4. Huang, Hui-Fen & Lo, Shang-Lien, 2011. "Review and classify the GHGs-related indicators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 594-602, January.
    5. Chitiga, M. & Mabugu, R. & Maisonnave, H., 2014. "Real Effects of Public Debt on National Development," Conference papers 332555, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Yoomi Kim & Katsuya Tanaka & Shunji Matsuoka, 2020. "Environmental and economic effectiveness of the Kyoto Protocol," PLOS ONE, Public Library of Science, vol. 15(7), pages 1-15, July.
    7. Markandya, Anil, 2011. "Equity and Distributional Implications of Climate Change," World Development, Elsevier, vol. 39(6), pages 1051-1060, June.
    8. Markandya, A. & Antimiani, A. & Costantini, V. & Martini, C. & Palma, A. & Tommasino, M.C., 2015. "Analyzing Trade-offs in International Climate Policy Options: The Case of the Green Climate Fund," World Development, Elsevier, vol. 74(C), pages 93-107.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alvarez-Herranz, Agustin & Balsalobre-Lorente, Daniel & Shahbaz, Muhammad & Cantos, José María, 2017. "Energy innovation and renewable energy consumption in the correction of air pollution levels," Energy Policy, Elsevier, vol. 105(C), pages 386-397.
    2. Hettige, Hemamala & Mani, Muthukumara & Wheeler, David, 2000. "Industrial pollution in economic development: the environmental Kuznets curve revisited," Journal of Development Economics, Elsevier, vol. 62(2), pages 445-476, August.
    3. Jie HE, 2005. "Economic Determinants for China’s Industrial SO2 Emission: Reduced vs. Structural form and the role of international trade," Working Papers 200505, CERDI.
    4. Muradian, Roldan & Martinez-Alier, Joan, 2001. "Trade and the environment: from a 'Southern' perspective," Ecological Economics, Elsevier, vol. 36(2), pages 281-297, February.
    5. Everett, Tim & Ishwaran, Mallika & Ansaloni, Gian Paolo & Rubin, Alex, 2010. "Economic growth and the environment," MPRA Paper 23585, University Library of Munich, Germany.
    6. Wei Jin & ZhongXiang Zhang, 2016. "China's pursuit of environmentally sustainable development: Harnessing the new engine of technological innovation," CCEP Working Papers 1601, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    7. Gerlagh, Reyer & Lise, Wietze, 2005. "Carbon taxes: A drop in the ocean, or a drop that erodes the stone? The effect of carbon taxes on technological change," Ecological Economics, Elsevier, vol. 54(2-3), pages 241-260, August.
    8. Wei Jin & ZhongXiang Zhang, 2018. "Capital Accumulation, Green Paradox, and Stranded Assets: An Endogenous Growth Perspective," Working Papers 2018.33, Fondazione Eni Enrico Mattei.
    9. David I. Stern, 1999. "Attributing Changes in Global Sulfur Emissions," Working Papers in Ecological Economics 9902, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    10. Ezzati, Majid & Singer, Burton H. & Kammen, Daniel M., 2001. "Towards an Integrated Framework for Development and Environment Policy: The Dynamics of Environmental Kuznets Curves," World Development, Elsevier, vol. 29(8), pages 1421-1434, August.
    11. Cavlovic, Therese A. & Baker, Kenneth H. & Berrens, Robert P. & Gawande, Kishore, 2000. "A Meta-Analysis Of Environmental Kuznets Curve Studies," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(1), pages 1-11, April.
    12. Bretschger, Lucas & Smulders, Sjak, 2000. "Explaining environmental Kuznets curves: How pollution induces policy and new technologies," Wirtschaftswissenschaftliche Diskussionspapiere 12/2000, University of Greifswald, Faculty of Law and Economics.
    13. Zhihui Lv & Amanda M. Y. Chu & Michael McAleer & Wing-Keung Wong, 2019. "Modelling Economic Growth, Carbon Emissions, and Fossil Fuel Consumption in China: Cointegration and Multivariate Causality," IJERPH, MDPI, vol. 16(21), pages 1-35, October.
    14. Anil Markandya & Alexander Golub & Suzette Pedroso-Galinato, 2006. "Empirical Analysis of National Income and SO 2 Emissions in Selected European Countries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 35(3), pages 221-257, November.
    15. Tutulmaz, Onur, 2015. "Environmental Kuznets Curve time series application for Turkey: Why controversial results exist for similar models?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 73-81.
    16. Stern, David I., 2002. "Explaining changes in global sulfur emissions: an econometric decomposition approach," Ecological Economics, Elsevier, vol. 42(1-2), pages 201-220, August.
    17. Dinda, Soumyananda, 2004. "Environmental Kuznets Curve Hypothesis: A Survey," Ecological Economics, Elsevier, vol. 49(4), pages 431-455, August.
    18. Coondoo, Dipankor & Dinda, Soumyananda, 2002. "Causality between income and emission: a country group-specific econometric analysis," Ecological Economics, Elsevier, vol. 40(3), pages 351-367, March.
    19. Halkos, George & Paizanos, Epameinondas, 2015. "Environmental Macroeconomics: A critical literature review and future empirical research directions," MPRA Paper 67432, University Library of Munich, Germany.
    20. Stepping, Katharina M. K. & Banholzer, Lilli, 2017. "Autocratic angels? Democratic demons? The impact of regime type, state capacity and economic development on reaching environmental targets," IDOS Discussion Papers 26/2017, German Institute of Development and Sustainability (IDOS).

    More about this item

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:coecpo:v:24:y:2006:i:4:p:520-535. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.