The Effect of Kyoto Emission Targets on Domestic CO2 Emissions: A Synthetic Control Approach

31 Pages Posted: 1 Feb 2011 Last revised: 21 Feb 2014

See all articles by Christian Almer

Christian Almer

University of Bath - Department of Economics

Ralph Winkler

University of Bern - Department of Economics; University of Bern - Oeschger Centre for Climate Change Research

Date Written: January 25, 2012

Abstract

We use recent developments in the empirics of comparative case studies to analyze the effect of binding emission targets under the Kyoto Protocol on the development of CO2 emissions of seven major Annex B countries. In particular, we investigate whether committing to a specific greenhouse gas emissions target had an effect on actual CO2 emissions of Australia, Canada, France, Germany, Great Britain, Italy and Japan by using a synthetic control approach. With the exception of Great Britain, we are not able to reject the hypothesis that there has been no effect of binding emission targets on actual emissions.

Keywords: Climate Policy, International Environmental Agreements, Kyoto Protocol, Synthetic Control Method

JEL Classification: K33, Q54

Suggested Citation

Almer, Christian and Winkler, Ralph, The Effect of Kyoto Emission Targets on Domestic CO2 Emissions: A Synthetic Control Approach (January 25, 2012). Available at SSRN: https://ssrn.com/abstract=1752282 or http://dx.doi.org/10.2139/ssrn.1752282

Christian Almer (Contact Author)

University of Bath - Department of Economics ( email )

Claverton Down
Bath, BA2 7AY
United Kingdom

Ralph Winkler

University of Bern - Department of Economics ( email )

Schanzeneckstrasse 1
Bern, 3001
Switzerland
+41 31 631 4508 (Phone)

HOME PAGE: http://www.ralph-winkler.de

University of Bern - Oeschger Centre for Climate Change Research ( email )

Zähringerstrasse 25
Bern, 3012
Switzerland

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