Climate Engineering in an Interconnected World: The Role of Tariffs
| Autor: | Franz Wirl, Markus Eigruber |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Statistics and Probability
Economics and Econometrics Climate engineering 010504 meteorology & atmospheric sciences 01 natural sciences 0502 economics and business Sanctions Geoengineering 050207 economics Tariffs 0105 earth and related environmental sciences business.industry Global warming Applied Mathematics 05 social sciences International economics Computer Graphics and Computer-Aided Design Computer Science Applications Computational Mathematics Incentive Computational Theory and Mathematics Scale (social sciences) Externalities Damages Asymmetric differential game Business Externality |
| Zdroj: | Dynamic Games and Applications. 8:573-587 |
| ISSN: | 2153-0793 2153-0785 |
| Popis: | This paper investigates strategic trade policies as a response to negative externalities linked to climate engineering. Parties negatively affected, or which only perceive damages, may react to geoengineering by deploying trade sanctions, i.e. the imposition of tariffs. By introducing a dynamic trade model, we show that geoengineering-averse countries have an incentive to implement or increase existing tariffs when the other country uses geoengineering. Our contribution is to highlight that potential consequences on trade should be taken into account before climate engineering techniques are applied. This is particularly crucial in our globalized world since a successful climate policy demands large scale if not global cooperation. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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