search query: @author Yang, Z. / total: 4
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| Author: | Nordhaus, W. Yang, Z. |
| Title: | A regional dynamic general-equilibrium model of alternative climate-change strategies |
| Journal: | American Economic Review
1996 : SEP, VOL. 86:4, p. 741-765 |
| Index terms: | ECONOMICS CHANGE MODELS |
| Language: | eng |
| Abstract: | Most analyses treat global warming as a single-agent problem. The present study presents the Regional Integrated model of Climate and the Economy (RICE) model. By disaggregating into countries, the model analyzes different national strategies in climate-change policy: pure market solutions, efficient cooperative outcomes, and non-cooperative equilibria. This study finds that cooperative policies show much higher levels of emissions reductions than do noncooperative strategies; that there are substantial differences in the levels of controls in both the cooperative and the noncooperative policies among different countries. |
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