000103412 001__ 103412
000103412 005__ 20180122215047.0
000103412 037__ $$a321-2016-10758
000103412 041__ $$aen
000103412 245__ $$aThe Impact of CO2 Emission Cuts on Income
000103412 260__ $$c2011
000103412 269__ $$a2011
000103412 270__ $$mxiaobing.zhao@nau.edu$$pZhao,   Xiaobing
000103412 300__ $$a18
000103412 336__ $$aConference Paper/ Presentation
000103412 520__ $$aWe study how carbon dioxide (CO2) emission cuts affect income for 23 OECD countries over the 1980-2004 period. The importance of this question is manifested in the disagreements at the 2009 United Nations Climate Change Conference in Copenhagen and the 2010 State of the Union Address by United States President Barack Obama. We start by deriving an income-CO2 relationship based on a structural production function, which is a natural way to model the relationship among income, energy consumption, and CO2 emissions. We then use a similar empirical methodology as Tucker (1995) to estimate the income-CO2 relationship. Such an approach not only allows us to focus on the long-run relationship but also enables us to project the relationship between income and CO2 emissions for future years. Our findings suggest that the economic cost of CO2 emission cuts is significant. To reduce emissions 50% below 1990 levels by 2050, the economic cost per year for developed countries is about 0.3% reduction in GDP per capita which represents a 15% slowdown in economic growth.
000103412 542__ $$fLicense granted by xiaobing zhao (xiaobingzhao@yahoo.com) on 2011-05-02 (GMT):

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000103412 650__ $$aEnvironmental Economics and Policy
000103412 6531_ $$aCarbon Dioxide Emissions
000103412 6531_ $$aIncome
000103412 6531_ $$aGlobal Warming
000103412 6531_ $$aProduction Function
000103412 700__ $$aZhao, Xiaobing
000103412 8564_ $$s228433$$uhttp://ageconsearch.umn.edu/record/103412/files/Zhao-1-the%20impact%20of%20The%20cost%20of%20CO2%20emission%20cuts%20on%20income.pdf
000103412 887__ $$ahttp://purl.umn.edu/103412
000103412 909CO $$ooai:ageconsearch.umn.edu:103412$$pGLOBAL_SET
000103412 912__ $$nSubmitted by xiaobing zhao (xiaobingzhao@yahoo.com) on 2011-05-02
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  Previous issue date: 2011
000103412 982__ $$gAgricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania
000103412 980__ $$a321