Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/76745 
Year of Publication: 
2012
Series/Report no.: 
Discussion Papers No. 12-02
Publisher: 
University of Bern, Department of Economics, Bern
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.
Subjects: 
Climate Policy
International Environmental Agreements
Kyoto Protocol
Synthetic Control Method
JEL: 
K33
Q54
Document Type: 
Working Paper

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