Carbon policy in a high-growth economy: the case of China

There is widespread concern that an international agreement on stringent climate policies will not be reached because it would imply too high costs for fast growing economies like China. To quantify these costs we develop a general equilibrium model with fully endogenous growth. The framework includ...

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Bibliographic Details
Main Authors: Bretschger, L, Zhang, L
Format: Working paper
Published: University of Oxford 2014