International climate policy and regional welfare weights

Narita, Daiju, Tol, Richard S J and Anthoff, David (2010) International climate policy and regional welfare weights. Environmental Science and Policy, 13 (8). pp. 713-720. ISSN 1462-9011

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Abstract

We derive a global social welfare function that is consistent with the burden sharing in the Kyoto Protocol and in one proposal for a post-Kyoto treaty. The Kyoto Protocol favored the EU, while the EU post-Kyoto proposal puts more weight on the wellbeing of other OECD countries at the expense of EU residents. Ignoring income differences, the EU proposal for a post-Kyoto treaty favors developing countries. However, if income differences are taken into account, the EU proposal is not at all generous to developing countries.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Economics
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences > GE170 Environmental policy
H Social Sciences > HB Economic theory. Demography
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Depositing User: Richard Tol
Date Deposited: 19 Apr 2012 08:33
Last Modified: 30 Nov 2012 17:11
URI: http://sro.sussex.ac.uk/id/eprint/38245
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