Can Global De-Carbonization Inhibit Developing Country Industrialization?
Most economic analyses of climate change have focused on the aggregate impact on countries of mitigation actions. The authors depart first in disaggregating the impact by sector, focusing particularly on manufacturing output and exports because of...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091111162908 http://hdl.handle.net/10986/4317 |
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okr-10986-4317 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
ADVERSE EFFECTS AGGREGATE DEMAND AGGREGATE PRODUCTION AIR AIR TRANSPORT ALLOCATION ALLOWANCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS ATP BASELINE EMISSIONS BILATERAL TRADE CARBON CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITIES CARBON INTENSITY CARBON MARKET CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON-INTENSIVE MANUFACTURING CARBONIZATION CH4 CHEMICALS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MODEL CLIMATE CHANGE NEGOTIATIONS CLIMATE POLICY CO2 COAL COMBUSTION COMPOSITION OF OUTPUT CONSUMER DEMAND COSTS OF CLIMATE CHANGE CRUDE OIL CULTIVATED LAND DEMAND FOR ENERGY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC EMISSIONS REDUCTIONS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC ANALYSES ECONOMIC ANALYSES OF CLIMATE CHANGE ECONOMIC GROWTH ECONOMIC MODEL ECONOMIC MODELS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION CUTS EMISSION LEVELS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION RIGHTS EMISSION TAXES EMISSIONS EMISSIONS CUTS EMISSIONS LEVELS EMISSIONS PERMITS EMISSIONS QUOTAS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS RIGHTS EMISSIONS SCENARIOS EMISSIONS TARGETS END-USER PRICE ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY USE ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY EXCHANGE RATE EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FINANCIAL SERVICES FINANCIAL TRANSFERS FORESTRY FOSSIL FUELS FUEL FUEL SUBSTITUTION GAS GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL WARMING GREEN TECHNOLOGIES GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HYDROFLUOROCARBONS HYPOTHETICAL BASELINE IMPORTS INCOME INSURANCE INTERNATIONAL EMISSIONS INTERNATIONAL OFFSET INVESTMENT DECISIONS IPCC IRON LEVEL OF EMISSIONS LEVELS OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MITIGATION ACTIONS MONETARY FUND N2O NATURAL GAS NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER OFFSET CREDITS OIL EQUIVALENT OIL EXPORTING OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PLANT GROWTH PLASTICS POLICY IMPLICATIONS POLICY MAKERS POWER GENERATION POWER PLANTS POWER SECTOR PP PRICE EFFECT QUANTITATIVE ANALYSIS RADIATIVE FORCING REDUCTION IN EMISSIONS REFINED OIL RELATIVE PRICE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TOTAL EMISSIONS TRADABLE EMISSIONS TRADABLE PERMITS TRADE RESPONSES TRADING PARTNERS WASTE WELFARE CONSEQUENCES WELFARE LOSS WELFARE LOSSES WIND WOOD PRODUCTS WORLD EMISSIONS |
| spellingShingle |
ADVERSE EFFECTS AGGREGATE DEMAND AGGREGATE PRODUCTION AIR AIR TRANSPORT ALLOCATION ALLOWANCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS ATP BASELINE EMISSIONS BILATERAL TRADE CARBON CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITIES CARBON INTENSITY CARBON MARKET CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON-INTENSIVE MANUFACTURING CARBONIZATION CH4 CHEMICALS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MODEL CLIMATE CHANGE NEGOTIATIONS CLIMATE POLICY CO2 COAL COMBUSTION COMPOSITION OF OUTPUT CONSUMER DEMAND COSTS OF CLIMATE CHANGE CRUDE OIL CULTIVATED LAND DEMAND FOR ENERGY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC EMISSIONS REDUCTIONS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC ANALYSES ECONOMIC ANALYSES OF CLIMATE CHANGE ECONOMIC GROWTH ECONOMIC MODEL ECONOMIC MODELS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION CUTS EMISSION LEVELS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION RIGHTS EMISSION TAXES EMISSIONS EMISSIONS CUTS EMISSIONS LEVELS EMISSIONS PERMITS EMISSIONS QUOTAS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS RIGHTS EMISSIONS SCENARIOS EMISSIONS TARGETS END-USER PRICE ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY USE ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY EXCHANGE RATE EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FINANCIAL SERVICES FINANCIAL TRANSFERS FORESTRY FOSSIL FUELS FUEL FUEL SUBSTITUTION GAS GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL WARMING GREEN TECHNOLOGIES GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HYDROFLUOROCARBONS HYPOTHETICAL BASELINE IMPORTS INCOME INSURANCE INTERNATIONAL EMISSIONS INTERNATIONAL OFFSET INVESTMENT DECISIONS IPCC IRON LEVEL OF EMISSIONS LEVELS OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MITIGATION ACTIONS MONETARY FUND N2O NATURAL GAS NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER OFFSET CREDITS OIL EQUIVALENT OIL EXPORTING OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PLANT GROWTH PLASTICS POLICY IMPLICATIONS POLICY MAKERS POWER GENERATION POWER PLANTS POWER SECTOR PP PRICE EFFECT QUANTITATIVE ANALYSIS RADIATIVE FORCING REDUCTION IN EMISSIONS REFINED OIL RELATIVE PRICE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TOTAL EMISSIONS TRADABLE EMISSIONS TRADABLE PERMITS TRADE RESPONSES TRADING PARTNERS WASTE WELFARE CONSEQUENCES WELFARE LOSS WELFARE LOSSES WIND WOOD PRODUCTS WORLD EMISSIONS Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5121 |
| description |
Most economic analyses of climate change
have focused on the aggregate impact on countries of
mitigation actions. The authors depart first in
disaggregating the impact by sector, focusing particularly
on manufacturing output and exports because of the potential
growth consequences. Second, they decompose the impact of an
agreement on emissions reductions into three components: the
change in the price of carbon due to each country s emission
cuts per se; the further change in this price due to
emissions tradability; and the changes due to any
international transfers (private and public). Manufacturing
output and exports in low carbon intensity countries such as
Brazil are not adversely affected. In contrast, in high
carbon intensity countries, such as China and India, even a
modest agreement depresses manufacturing output by 6-7
percent and manufacturing exports by 9-11 percent. The
increase in the carbon price induced by emissions
tradability hurts manufacturing output most while the Dutch
disease effects of transfers hurt exports most. If the
growth costs of these structural changes are judged to be
substantial, the current policy consensus, which favors
emissions tradability (on efficiency grounds) supplemented
with financial transfers (on equity grounds), needs re-consideration. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu |
| author_facet |
Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu |
| author_sort |
Mattoo, Aaditya |
| title |
Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| title_short |
Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| title_full |
Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| title_fullStr |
Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| title_full_unstemmed |
Can Global De-Carbonization Inhibit Developing Country Industrialization? |
| title_sort |
can global de-carbonization inhibit developing country industrialization? |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091111162908 http://hdl.handle.net/10986/4317 |
| _version_ |
1764390900724662272 |
| spelling |
okr-10986-43172021-04-23T14:02:17Z Can Global De-Carbonization Inhibit Developing Country Industrialization? Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu ADVERSE EFFECTS AGGREGATE DEMAND AGGREGATE PRODUCTION AIR AIR TRANSPORT ALLOCATION ALLOWANCE ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS ATP BASELINE EMISSIONS BILATERAL TRADE CARBON CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITIES CARBON INTENSITY CARBON MARKET CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON-INTENSIVE MANUFACTURING CARBONIZATION CH4 CHEMICALS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MODEL CLIMATE CHANGE NEGOTIATIONS CLIMATE POLICY CO2 COAL COMBUSTION COMPOSITION OF OUTPUT CONSUMER DEMAND COSTS OF CLIMATE CHANGE CRUDE OIL CULTIVATED LAND DEMAND FOR ENERGY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC EMISSIONS REDUCTIONS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC ANALYSES ECONOMIC ANALYSES OF CLIMATE CHANGE ECONOMIC GROWTH ECONOMIC MODEL ECONOMIC MODELS ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION CUTS EMISSION LEVELS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION RIGHTS EMISSION TAXES EMISSIONS EMISSIONS CUTS EMISSIONS LEVELS EMISSIONS PERMITS EMISSIONS QUOTAS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS RIGHTS EMISSIONS SCENARIOS EMISSIONS TARGETS END-USER PRICE ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY USE ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY EXCHANGE RATE EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FINANCIAL SERVICES FINANCIAL TRANSFERS FORESTRY FOSSIL FUELS FUEL FUEL SUBSTITUTION GAS GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CARBON TAX GLOBAL CLIMATE CHANGE GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL WARMING GREEN TECHNOLOGIES GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES HYDROFLUOROCARBONS HYPOTHETICAL BASELINE IMPORTS INCOME INSURANCE INTERNATIONAL EMISSIONS INTERNATIONAL OFFSET INVESTMENT DECISIONS IPCC IRON LEVEL OF EMISSIONS LEVELS OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MITIGATION ACTIONS MONETARY FUND N2O NATURAL GAS NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER OFFSET CREDITS OIL EQUIVALENT OIL EXPORTING OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PLANT GROWTH PLASTICS POLICY IMPLICATIONS POLICY MAKERS POWER GENERATION POWER PLANTS POWER SECTOR PP PRICE EFFECT QUANTITATIVE ANALYSIS RADIATIVE FORCING REDUCTION IN EMISSIONS REFINED OIL RELATIVE PRICE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TOTAL EMISSIONS TRADABLE EMISSIONS TRADABLE PERMITS TRADE RESPONSES TRADING PARTNERS WASTE WELFARE CONSEQUENCES WELFARE LOSS WELFARE LOSSES WIND WOOD PRODUCTS WORLD EMISSIONS Most economic analyses of climate change have focused on the aggregate impact on countries of mitigation actions. The authors depart first in disaggregating the impact by sector, focusing particularly on manufacturing output and exports because of the potential growth consequences. Second, they decompose the impact of an agreement on emissions reductions into three components: the change in the price of carbon due to each country s emission cuts per se; the further change in this price due to emissions tradability; and the changes due to any international transfers (private and public). Manufacturing output and exports in low carbon intensity countries such as Brazil are not adversely affected. In contrast, in high carbon intensity countries, such as China and India, even a modest agreement depresses manufacturing output by 6-7 percent and manufacturing exports by 9-11 percent. The increase in the carbon price induced by emissions tradability hurts manufacturing output most while the Dutch disease effects of transfers hurt exports most. If the growth costs of these structural changes are judged to be substantial, the current policy consensus, which favors emissions tradability (on efficiency grounds) supplemented with financial transfers (on equity grounds), needs re-consideration. 2012-03-19T19:13:51Z 2012-03-19T19:13:51Z 2009-11-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091111162908 http://hdl.handle.net/10986/4317 English Policy Research working paper ; no. WPS 5121 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |