- Author
- Gadomski Jan, Nahorski Zbigniew
- Title
- Kyoto Protocol and the growth of a small country ope economy : a simple mathematical model approach
- Source
- Roczniki Kolegium Analiz Ekonomicznych / Szkoła Główna Handlowa, 2006, nr 15, s. 139-150, rys., bibliogr. 12 poz.
- Issue title
- Metody formalne w teorii gier, teorii wzrostu i ekonomii finansowej
- Keyword
- Emisja gazów, Analiza systemowa, Modele matematyczne
Gas emissions, Systemic analysis, Mathematical models - Note
- summ.
- Abstract
- This paper analyzes an impact of introducing the Kyoto protocols on the economic growth in a small economy (illustrated on the case of Polish economy). The analysis is performed using a simple one-sector macroeconomic model, which includes economic as well as environmental factors. The endogenization of the environmental costs causes extra charges or benefits related to the trade in the emission permits. The model being considered constitutes a part of a finite horizon optimization problem with the zero end-point constraints on the net import and foreign debt, which are related to the assumed finite time horizon of economic adjustment. The optimal solution determines the optimal structure of investments in two com¬peting technologies. Two simulation scenarios were performed, which differed in the level of permit prices, used as the model parameters. (original abstract)
- Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Bibliography
-
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- Report of the Conference of the Parties on Its Third Session, Held at Kyoto From 1 to 11 December 1997. Addendum. (1998) Document FCCC/CP/1997/7/Add.l. United Nations Framework Convention on Climate Change (FCCC). http://unfccc.int/index.html.
- Cited by
- ISSN
- 1232-4671
- Language
- eng
