Publication

In order to reach the two degree target it is necessary to control CO2 emissions also in fast growing emerging economies such as India. According to the authors, the question is how the Indian economy would be affected by e.g. including the country into an international climate regime. Existing analyses with either a global model or a single country computable general equilibrium model miss important aspects such as distributional issues or international repercussions. By soft-linking models of these two classes, the authors provide a more detailed view on these issues.