Can Global De-Carbonization Inhibit Developing Country Industrialization?

Mattoo, Aaditya; Subramanian, Arvind; van der Mensbrugghe, Dominique; He, Jianwu

dc.creator	Mattoo, Aaditya
dc.creator	Subramanian, Arvind
dc.creator	van der Mensbrugghe, Dominique
dc.creator	He, Jianwu
dc.date	2012-03-19T19:13:51Z
dc.date	2012-03-19T19:13:51Z
dc.date	2009-11-01
dc.date.accessioned	2023-02-18T19:38:42Z
dc.date.available	2023-02-18T19:38:42Z
dc.identifier	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
dc.identifier	http://hdl.handle.net/10986/4317
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/249817
dc.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.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5121
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ADVERSE EFFECTS
dc.subject	AGGREGATE DEMAND
dc.subject	AGGREGATE PRODUCTION
dc.subject	AIR
dc.subject	AIR TRANSPORT
dc.subject	ALLOCATION
dc.subject	ALLOWANCE
dc.subject	ATMOSPHERE
dc.subject	ATMOSPHERIC CONCENTRATION
dc.subject	ATMOSPHERIC CONCENTRATIONS
dc.subject	ATP
dc.subject	BASELINE EMISSIONS
dc.subject	BILATERAL TRADE
dc.subject	CARBON
dc.subject	CARBON CAPTURE
dc.subject	CARBON CONTENT
dc.subject	CARBON CONTENT OF ENERGY
dc.subject	CARBON DIOXIDE
dc.subject	CARBON EMISSIONS
dc.subject	CARBON FERTILIZATION
dc.subject	CARBON INTENSITIES
dc.subject	CARBON INTENSITY
dc.subject	CARBON MARKET
dc.subject	CARBON OFFSETS
dc.subject	CARBON PRICE
dc.subject	CARBON PRICES
dc.subject	CARBON TAX
dc.subject	CARBON-INTENSIVE MANUFACTURING
dc.subject	CARBONIZATION
dc.subject	CH4
dc.subject	CHEMICALS
dc.subject	CLEAN ENERGY
dc.subject	CLIMATE
dc.subject	CLIMATE CHANGE
dc.subject	CLIMATE CHANGE MITIGATION
dc.subject	CLIMATE CHANGE MODEL
dc.subject	CLIMATE CHANGE NEGOTIATIONS
dc.subject	CLIMATE POLICY
dc.subject	CO2
dc.subject	COAL
dc.subject	COMBUSTION
dc.subject	COMPOSITION OF OUTPUT
dc.subject	CONSUMER DEMAND
dc.subject	COSTS OF CLIMATE CHANGE
dc.subject	CRUDE OIL
dc.subject	CULTIVATED LAND
dc.subject	DEMAND FOR ENERGY
dc.subject	DOMESTIC CARBON
dc.subject	DOMESTIC EMISSIONS
dc.subject	DOMESTIC EMISSIONS REDUCTIONS
dc.subject	DOMESTIC PRODUCTION
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC ANALYSES
dc.subject	ECONOMIC ANALYSES OF CLIMATE CHANGE
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC MODEL
dc.subject	ECONOMIC MODELS
dc.subject	ELASTICITY OF SUBSTITUTION
dc.subject	ELECTRICITY
dc.subject	ELECTRICITY PRODUCTION
dc.subject	EMISSION
dc.subject	EMISSION ABATEMENT
dc.subject	EMISSION CUTS
dc.subject	EMISSION LEVELS
dc.subject	EMISSION LIMITS
dc.subject	EMISSION REDUCTION
dc.subject	EMISSION REDUCTIONS
dc.subject	EMISSION RIGHTS
dc.subject	EMISSION TAXES
dc.subject	EMISSIONS
dc.subject	EMISSIONS CUTS
dc.subject	EMISSIONS LEVELS
dc.subject	EMISSIONS PERMITS
dc.subject	EMISSIONS QUOTAS
dc.subject	EMISSIONS REDUCTION
dc.subject	EMISSIONS REDUCTIONS
dc.subject	EMISSIONS RIGHTS
dc.subject	EMISSIONS SCENARIOS
dc.subject	EMISSIONS TARGETS
dc.subject	END-USER PRICE
dc.subject	ENERGY EFFICIENCY
dc.subject	ENERGY INTENSITY
dc.subject	ENERGY INTENSIVE
dc.subject	ENERGY INTENSIVE MANUFACTURING
dc.subject	ENERGY MARKETS
dc.subject	ENERGY POLICY
dc.subject	ENERGY PRICES
dc.subject	ENERGY USE
dc.subject	ENERGY-INTENSIVE GOODS
dc.subject	ENERGY-INTENSIVE MANUFACTURING
dc.subject	ENVIRONMENTAL IMPACT
dc.subject	ENVIRONMENTAL POLICY
dc.subject	EXCHANGE RATE
dc.subject	EXTREME SCENARIO
dc.subject	F-GASES
dc.subject	FATS
dc.subject	FERROUS METALS
dc.subject	FINANCIAL FLOWS
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL TRANSFERS
dc.subject	FORESTRY
dc.subject	FOSSIL FUELS
dc.subject	FUEL
dc.subject	FUEL SUBSTITUTION
dc.subject	GAS
dc.subject	GCM
dc.subject	GENERAL EQUILIBRIUM MODEL
dc.subject	GHG
dc.subject	GHGS
dc.subject	GLOBAL CARBON TAX
dc.subject	GLOBAL CLIMATE CHANGE
dc.subject	GLOBAL EMISSION
dc.subject	GLOBAL EMISSIONS
dc.subject	GLOBAL WARMING
dc.subject	GREEN TECHNOLOGIES
dc.subject	GREENHOUSE
dc.subject	GREENHOUSE GAS
dc.subject	GREENHOUSE GASES
dc.subject	HYDROFLUOROCARBONS
dc.subject	HYPOTHETICAL BASELINE
dc.subject	IMPORTS
dc.subject	INCOME
dc.subject	INSURANCE
dc.subject	INTERNATIONAL EMISSIONS
dc.subject	INTERNATIONAL OFFSET
dc.subject	INVESTMENT DECISIONS
dc.subject	IPCC
dc.subject	IRON
dc.subject	LEVEL OF EMISSIONS
dc.subject	LEVELS OF EMISSIONS
dc.subject	LUMP SUM
dc.subject	MARGINAL ABATEMENT
dc.subject	METHANE
dc.subject	METHANE EMISSIONS
dc.subject	MITIGATION ACTIONS
dc.subject	MONETARY FUND
dc.subject	N2O
dc.subject	NATURAL GAS
dc.subject	NEGATIVE IMPACT
dc.subject	NITROUS OXIDE
dc.subject	NUCLEAR POWER
dc.subject	OFFSET CREDITS
dc.subject	OIL EQUIVALENT
dc.subject	OIL EXPORTING
dc.subject	OIL PRICE
dc.subject	OILS
dc.subject	OUTPUT DECLINES
dc.subject	PAPER PRODUCTS
dc.subject	PER CAPITA INCOMES
dc.subject	PLANT GROWTH
dc.subject	PLASTICS
dc.subject	POLICY IMPLICATIONS
dc.subject	POLICY MAKERS
dc.subject	POWER GENERATION
dc.subject	POWER PLANTS
dc.subject	POWER SECTOR
dc.subject	PP
dc.subject	PRICE EFFECT
dc.subject	QUANTITATIVE ANALYSIS
dc.subject	RADIATIVE FORCING
dc.subject	REDUCTION IN EMISSIONS
dc.subject	REFINED OIL
dc.subject	RELATIVE PRICE
dc.subject	RENEWABLE SOURCES
dc.subject	RENEWABLE TECHNOLOGIES
dc.subject	REVENUE RECYCLING
dc.subject	SHADOW PRICE
dc.subject	SUGAR CANE
dc.subject	TAX REVENUES
dc.subject	TEMPERATURE
dc.subject	TEMPERATURE CHANGE
dc.subject	TOTAL EMISSIONS
dc.subject	TRADABLE EMISSIONS
dc.subject	TRADABLE PERMITS
dc.subject	TRADE RESPONSES
dc.subject	TRADING PARTNERS
dc.subject	WASTE
dc.subject	WELFARE CONSEQUENCES
dc.subject	WELFARE LOSS
dc.subject	WELFARE LOSSES
dc.subject	WIND
dc.subject	WOOD PRODUCTS
dc.subject	WORLD EMISSIONS
dc.title	Can Global De-Carbonization Inhibit Developing Country Industrialization?
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region