The International Diffusion of Policies for Climate Change Mitigation

Author/Editor:

Manuel Linsenmeier ; Adil Mohommad ; Gregor Schwerhoff

Publication Date:

June 3, 2022

Electronic Access:

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Summary:

In this paper, we study the international diffusion of carbon pricing policies. In the first part, we empirically examine to what extent the adoption of carbon pricing in a given country can explain the subsequent adoption of the same policy in other countries. In the second part, we quantify the global benefits of policy diffusion in terms of greenhouse gas emission reductions elsewhere. To do so, we combine a large international dataset on carbon pricing with several other datasets. For causal identification, we estimate semi-parametric Cox proportional hazard models. We find robust and statistically significant evidence for policy diffusion.

Series:

Working Paper No. 2022/115

Frequency:

regular

English

Publication Date:

June 3, 2022

ISBN/ISSN:

9798400213090/1018-5941

Stock No:

WPIEA2022115

Pages:

38

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