Document Type

Article

Journal/Book Title/Conference

Journal of Environmental Economics and Management

Volume

37

Issue

3

Publisher

Elsevier

Publication Date

5-1999

First Page

256

Last Page

271

DOI

DOI: 10.1006/jeem.1999.1068

Abstract

In this paper, global warming is an asymmetric transboundary externality which benefits some countries or regions and harms others. We use a simple two-country model to analyze the effects of global warming on resource allocations, the global-warming stock, and national and global welfare.

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