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  Leadership in climate change mitigation: Consequences and incentives

Schwerhoff, G., Kornek, U., Lessmann, K., Pahle, M. (2018): Leadership in climate change mitigation: Consequences and incentives. - Journal of Economic Surveys, 32, 2, 491-517.
https://doi.org/10.1111/joes.12203

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 Creators:
Schwerhoff, G.1, Author
Kornek, U.1, Author
Lessmann, Kai2, Author              
Pahle, Michael2, Author              
Affiliations:
1External Organizations, ou_persistent22              
2Potsdam Institute for Climate Impact Research, ou_persistent13              

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 Abstract: Initiatives in favor of unilateral action on climate change are frequently challenged by concerns over free riding. Nevertheless, we observe an increasing number of unilateral efforts at different administrative levels and in different parts of the world. Previous academic literature described various individual mechanisms where emissions abroad may increase or decrease as a reaction to unilateral emission reductions. In this paper, we collect a comprehensive set of both positive and negative reactions and analyze them in stylized models. This allows us to identify the most important characteristics that determine the potential of a leader to boost mitigation efforts abroad. We find that this potential depends on (i) a strong ability to generate knowledge through leadership, (ii) a high degree of credibility in the international community, and (iii) a similar economic structure to the most important emitters. While most effects are difficult to quantify, this comprehensive assessment suggests that leakage effects resulting from unilateral mitigation may well be outweighed by positive reactions.

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 Dates: 2018
 Publication Status: Finally published
 Pages: -
 Publishing info: -
 Table of Contents: -
 Rev. Type: Peer
 Identifiers: DOI: 10.1111/joes.12203
PIKDOMAIN: Sustainable Solutions - Research Domain III
eDoc: 7575
Research topic keyword: Climate Policy
Research topic keyword: Economics
Research topic keyword: Mitigation
Model / method: Game Theory
Regional keyword: Global
Organisational keyword: RD3 - Transformation Pathways
Working Group: Climate & Energy Policies
 Degree: -

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Title: Journal of Economic Surveys
Source Genre: Journal, SCI, Scopus
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Publ. Info: -
Pages: - Volume / Issue: 32 (2) Sequence Number: - Start / End Page: 491 - 517 Identifier: Other: Wiley-Blackwell - SSH
Other: 1467-6419
ISSN: 0950-0804
CoNE: https://publications.pik-potsdam.de/cone/journals/resource/journal-economic-surveys