IDEAS home Printed from https://ideas.repec.org/a/eee/ecolet/v44y1994i4p443-449.html
   My bibliography  Save this article

Who should abate carbon emissions? : An international viewpoint

Author

Listed:
  • Chichilnisky, Graciela
  • Heal, Geoffrey

Abstract

We review the optimal pattern of carbon emission abatements across countries in a simple multi-country world. We model explicitly the fact that the atmosphere is a public good. Within this framework we establish conditions for it to be necessary for optimality that the marginal cost of abatement be the same in all countries. These condition are quite restrictive, and amount to either ignoring distributional issues between countries or operating within a framework within which lump-sum transfers can be made between countries. These results have implications for the use of tradeable emission permits, which as normally advocated will lead to the equalization of marginal abatement costs across countries. The observation that the atmosphere is a public good implies that we may need to look at a Lindahl equilibrium rather than a Walrasian equilibrium in tradeable permits.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Chichilnisky, Graciela & Heal, Geoffrey, 1994. "Who should abate carbon emissions? : An international viewpoint," Economics Letters, Elsevier, vol. 44(4), pages 443-449, April.
    • Handle: RePEc:eee:ecolet:v:44:y:1994:i:4:p:443-449
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0165-1765(94)90119-8
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Chichilnisky, Graciela & Heal, Geoffrey, 1994. "Who should abate carbon emissions? : An international viewpoint," Economics Letters, Elsevier, vol. 44(4), pages 443-449, April.
    2. Chichilnisky, Graciela, 1993. "North-South trade and the dynamics of renewable resources," Structural Change and Economic Dynamics, Elsevier, vol. 4(2), pages 219-248, December.
    3. Chichilnisky, G., 1993. "Global Environment and North-South Trade," Papers 93-16, Columbia - Graduate School of Business.
    4. Graciela Chichilnisky & Geoffrey Heal, 1993. "Global Environmental Risks," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 65-86, Fall.
    5. Chichilnisky, Graciela, 1993. "The abatement of carbon emissions in industrial and developing countries," MPRA Paper 8390, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    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. Chichilnisky, Graciela, 1995. "The economic value of the Earth's resources," MPRA Paper 8491, University Library of Munich, Germany.
    2. Chichilnisky, Graciela & Heal, Geoffrey, 1995. "Markets with tradable CO2 emission quotas: principles and practice," MPRA Paper 8486, University Library of Munich, Germany.
    3. Chichilnisky, Graciela, 1998. "Sustainable development and North-South trade," MPRA Paper 8894, University Library of Munich, Germany.
    4. Chichilnisky, Graciela, 1993. "Property Rights on Biodiversity and the Pharmaceutical Industry," MPRA Paper 8330, University Library of Munich, Germany.
    5. Graciela Chichilnisky, 1996. "An axiomatic approach to sustainable development," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(2), pages 231-257, April.
    6. Chichilnisky, Graciela, 1998. "The economics of global environmental risk," MPRA Paper 8812, University Library of Munich, Germany.
    7. Adam Rose & Brandt Stevens & Jae Edmonds & Marshall Wise, 1998. "International Equity and Differentiation in Global Warming Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(1), pages 25-51, July.
    8. Chichilnisky, Graciela & Abraham, Ralph & Record, Ron, 1998. "North-South trade and the dynamics of the environment, Chapter 2.2," MPRA Paper 8818, University Library of Munich, Germany.
    9. Chichilnisky, Graciela, 1996. "Property rights and the dynamics of North-South trade, chapter 8," MPRA Paper 8514, University Library of Munich, Germany.
    10. Chichilnisky, Graciela, 1993. "The abatement of carbon emissions in industrial and developing countries," MPRA Paper 8390, University Library of Munich, Germany.
    11. Byrne, John & Wang, Young-Doo & Lee, Hoesung & Kim, Jong-dall, 1998. "An equity- and sustainability-based policy response to global climate change," Energy Policy, Elsevier, vol. 26(4), pages 335-343, March.
    12. Agnar Sandmo, 2003. "Environmental Taxation and Revenue for Development," WIDER Working Paper Series DP2003-86, World Institute for Development Economic Research (UNU-WIDER).
    13. David M. Newbery & David M. Reiner & Robert A. Ritz, 2018. "When is a carbon price floor desirable?," Working Papers EPRG 1816, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    14. Edenhofer Ottmar & Kalkuhl Matthias & Ockenfels Axel, 2020. "Das Klimaschutzprogramm der Bundesregierung: Eine Wende der deutschen Klimapolitik?," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 21(1), pages 4-18, April.
    15. Guillouet, Louise & Martimort, David, 2023. "Acting in the Darkness: Towards some Foundations for the Precautionary Principle," TSE Working Papers 23-1411, Toulouse School of Economics (TSE), revised Jul 2024.
    16. Chichilnisky, Graciela, 1992. "Strategies for trade liberalization in the Americas," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 33919, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    17. Antoine D'Autume & Katheline Schubert & Cees Withagen, 2016. "Should the Carbon Price Be the Same in All Countries?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 18(5), pages 709-725, October.
    18. Wolfgang Buchholz & Wolfgang Peters, 2007. "Justifying the Lindahl solution as an outcome of fair cooperation," Public Choice, Springer, vol. 133(1), pages 157-169, October.
    19. Karp, Larry & Zhang, Jiangfeng, 2001. "Bayesian Learning and the Regulation of Greenhouse Gas Emissions," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2fr0783c, Department of Agricultural & Resource Economics, UC Berkeley.
    20. Kverndokk, Snorre & Rose, Adam, 2008. "Equity and Justice in Global Warming Policy," International Review of Environmental and Resource Economics, now publishers, vol. 2(2), pages 135-176, October.

    More about this item

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • H4 - Public Economics - - Publicly Provided Goods

    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:eee:ecolet:v:44:y:1994:i:4:p:443-449. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .

    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.