Can Global De-Carbonization Inhibit Developing Country Industrialization?

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dc.creatorMattoo, Aaditya
dc.creatorSubramanian, Arvind
dc.creatorvan der Mensbrugghe, Dominique
dc.creatorHe, Jianwu
dc.date2013-12-04T18:02:31Z
dc.date2013-12-04T18:02:31Z
dc.date2012-06-01
dc.date.accessioned2026-07-01T01:07:56Z
dc.descriptionMost economic analyses of climate change have focused on the aggregate impact on countries of mitigation actions. We depart first in disaggregating the impact by sector, focusing particularly on manufacturing output and exports. Second, we decompose the impact of a modest agreement on emissions reductions—17 percent relative to 2005 levels by 2020 for industrial countries and 17 percent relative to business-as-usual for developing countries—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 less affected. In contrast, in high carbon intensity countries, such as China and India, even a modest agreement depresses manufacturing output by 3–3.5 percent and manufacturing exports by 5.5–7 percent. The increase in the carbon price induced by emissions tradability hurts manufacturing output most while the real exchange rate effects of transfers hurt exports most.
dc.formatapplication/pdf
dc.identifierWorld Bank Economic Review
dc.identifier1564-698X
dc.identifierhttps://hdl.handle.net/10986/16353
dc.identifierhttps://doi.org/10.1596/16353
dc.identifier.urihttp://hdl.handle.net/123456789/415471
dc.languageen_US
dc.publisherOxford University Press on behalf of the World Bank
dc.relationWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectcarbon
dc.subjectcarbon intensity
dc.subjectcarbon price
dc.subjectcarbon-intensive manufacturing
dc.subjectCarbonization
dc.subjectclimate
dc.subjectclimate change
dc.subjectclimate change mitigation
dc.subjectCoal
dc.subjectCrude oil
dc.subjectemission
dc.subjectemission cuts
dc.subjectemissions
dc.subjectemissions quotas
dc.subjectemissions reductions
dc.subjectemissions targets
dc.subjectForestry
dc.subjectinternational emissions
dc.subjectpp
dc.subjecttradable emissions
dc.titleCan Global De-Carbonization Inhibit Developing Country Industrialization?
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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