Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries
This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Waisman, Henri [verfasserIn] |
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| Format: |
E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2013transfer abstract |
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| Schlagwörter: |
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| Umfang: |
11 |
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| Übergeordnetes Werk: |
Enthalten in: Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan - Hering, Alexandra ELSEVIER, 2019, the international journal of the political, economic, planning, environmental and social aspects of energy, Amsterdam [u.a.] |
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| Übergeordnetes Werk: |
volume:63 ; year:2013 ; pages:951-961 ; extent:11 |
| Links: |
|---|
| DOI / URN: |
10.1016/j.enpol.2013.08.055 |
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ELV021863059 |
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| 520 | |a This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. | ||
| 520 | |a This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. | ||
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10.1016/j.enpol.2013.08.055 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000000903.pica (DE-627)ELV021863059 (ELSEVIER)S0301-4215(13)00859-8 DE-627 ger DE-627 rakwb eng 610 VZ 77.50 bkl Waisman, Henri verfasserin aut Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries 2013transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. Oil exporters Elsevier Climate policy Elsevier Monetary transfers Elsevier Rozenberg, Julie oth Hourcade, Jean Charles oth Enthalten in Elsevier Science Hering, Alexandra ELSEVIER Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan 2019 the international journal of the political, economic, planning, environmental and social aspects of energy Amsterdam [u.a.] (DE-627)ELV003447960 volume:63 year:2013 pages:951-961 extent:11 https://doi.org/10.1016/j.enpol.2013.08.055 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 77.50 Psychophysiologie VZ AR 63 2013 951-961 11 |
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10.1016/j.enpol.2013.08.055 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000000903.pica (DE-627)ELV021863059 (ELSEVIER)S0301-4215(13)00859-8 DE-627 ger DE-627 rakwb eng 610 VZ 77.50 bkl Waisman, Henri verfasserin aut Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries 2013transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. Oil exporters Elsevier Climate policy Elsevier Monetary transfers Elsevier Rozenberg, Julie oth Hourcade, Jean Charles oth Enthalten in Elsevier Science Hering, Alexandra ELSEVIER Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan 2019 the international journal of the political, economic, planning, environmental and social aspects of energy Amsterdam [u.a.] (DE-627)ELV003447960 volume:63 year:2013 pages:951-961 extent:11 https://doi.org/10.1016/j.enpol.2013.08.055 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 77.50 Psychophysiologie VZ AR 63 2013 951-961 11 |
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10.1016/j.enpol.2013.08.055 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000000903.pica (DE-627)ELV021863059 (ELSEVIER)S0301-4215(13)00859-8 DE-627 ger DE-627 rakwb eng 610 VZ 77.50 bkl Waisman, Henri verfasserin aut Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries 2013transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. Oil exporters Elsevier Climate policy Elsevier Monetary transfers Elsevier Rozenberg, Julie oth Hourcade, Jean Charles oth Enthalten in Elsevier Science Hering, Alexandra ELSEVIER Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan 2019 the international journal of the political, economic, planning, environmental and social aspects of energy Amsterdam [u.a.] (DE-627)ELV003447960 volume:63 year:2013 pages:951-961 extent:11 https://doi.org/10.1016/j.enpol.2013.08.055 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 77.50 Psychophysiologie VZ AR 63 2013 951-961 11 |
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10.1016/j.enpol.2013.08.055 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000000903.pica (DE-627)ELV021863059 (ELSEVIER)S0301-4215(13)00859-8 DE-627 ger DE-627 rakwb eng 610 VZ 77.50 bkl Waisman, Henri verfasserin aut Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries 2013transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. Oil exporters Elsevier Climate policy Elsevier Monetary transfers Elsevier Rozenberg, Julie oth Hourcade, Jean Charles oth Enthalten in Elsevier Science Hering, Alexandra ELSEVIER Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan 2019 the international journal of the political, economic, planning, environmental and social aspects of energy Amsterdam [u.a.] (DE-627)ELV003447960 volume:63 year:2013 pages:951-961 extent:11 https://doi.org/10.1016/j.enpol.2013.08.055 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 77.50 Psychophysiologie VZ AR 63 2013 951-961 11 |
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10.1016/j.enpol.2013.08.055 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000000903.pica (DE-627)ELV021863059 (ELSEVIER)S0301-4215(13)00859-8 DE-627 ger DE-627 rakwb eng 610 VZ 77.50 bkl Waisman, Henri verfasserin aut Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries 2013transfer abstract 11 nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. Oil exporters Elsevier Climate policy Elsevier Monetary transfers Elsevier Rozenberg, Julie oth Hourcade, Jean Charles oth Enthalten in Elsevier Science Hering, Alexandra ELSEVIER Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan 2019 the international journal of the political, economic, planning, environmental and social aspects of energy Amsterdam [u.a.] (DE-627)ELV003447960 volume:63 year:2013 pages:951-961 extent:11 https://doi.org/10.1016/j.enpol.2013.08.055 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA 77.50 Psychophysiologie VZ AR 63 2013 951-961 11 |
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Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan |
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Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan |
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Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries |
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Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries |
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Waisman, Henri |
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Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan |
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Beyond prospective memory retrieval: Encoding and remembering of intentions across the lifespan |
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Waisman, Henri |
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10.1016/j.enpol.2013.08.055 |
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610 |
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monetary compensations in climate policy through the lens of a general equilibrium assessment: the case of oil-exporting countries |
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Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries |
| abstract |
This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. |
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This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. |
| abstract_unstemmed |
This paper investigates the compensations that major oil producers have claimed for since the Kyoto Protocol in order to alleviate the adverse impacts of climate policy on their economies. The amount of these adverse impacts is assessed through a general equilibrium model which endogenizes both the reduction of oil exportation revenues under international climate policy and the macroeconomic effect of carbon pricing on Middle-East's economy. We show that compensating the drop of exportation revenues does not offset GDP and welfare losses because of the time profile of the general equilibrium effects. When considering instead compensation based on GDP losses, the effectiveness of monetary transfers proves to be drastically limited by general equilibrium effects in opened economies. The main channels of this efficiency gap are investigated and its magnitude proves to be conditional upon strategic and policy choices of the Middle-East. This leads us to suggest that other means than direct monetary compensating transfers should be discussed to engage the Middle-East in climate policies. |
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Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries |
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https://doi.org/10.1016/j.enpol.2013.08.055 |
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Rozenberg, Julie Hourcade, Jean Charles |
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