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首页> 外文期刊>Journal of Economic Dynamics and Control >A two-level dynamic game of carbon emission trading between Russia, China, and Annex B countries
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A two-level dynamic game of carbon emission trading between Russia, China, and Annex B countries

机译:俄罗斯,中国与附件B国家之间的碳排放交易两级动态博弈

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摘要

This paper proposes a computable dynamic game model of the strategic competition between Russia and developing countries (DCs), mainly represented by China, on the international market of emission permits created by the Kyoto Protocol. The model uses a formulation of (i) a demand function for permits from Annex B countries and (ii) marginal abatement costs (MAC) in Russia and China provided by two detailed models. GEMINI-E3 is a computable general equilibrium model that provides the data to estimate Annex B demand for permits and MACs in Russia. POLES is a partial equilibrium model that is used to obtain MAC curves for China. The competitive scenario is compared with a monopoly situation where only Russia is allowed to play strategically. The impact of allowing DCs to intervene on the international emission trading market is thus assessed.
机译:本文提出了一个可计算的动态博弈模型,用于研究俄罗斯与以中国为代表的发展中国家(DC)在《京都议定书》所建立的国际排放许可市场上的战略竞争。该模型使用以下公式表示:(i)附件B国家的许可证需求函数,以及(ii)俄罗斯和中国的两个详细模型提供的边际减排成本(MAC)。 GEMINI-E3是一种可计算的一般均衡模型,可提供数据来估算俄罗斯的附件B对许可证和MAC的需求。 POLES是一种局部均衡模型,用于获取中国的MAC曲线。将竞争情况与仅允许俄罗斯进行战略性竞争的垄断情况进行比较。因此评估了允许区议会干预国际排放交易市场的影响。

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