Metadata language
lmpact of charging for the gas emission on the growth of a small country economy
Subtitle:Raport Badawczy = Research Report ; RB/30/2005
Creator:Gadomski, Jan (ekonometria) ; Nahorski, Zbigniew (1945– )
Publisher:Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences
Place of publishing: Date issued/created: Description:[10] pages ; 21 cm ; Bibliography p. [9-10]
Subject and Keywords:Greenhouse gases emission ; Economic growth ; Emisja gazów cieplarnianych ; Wzrost gospodarczy
Abstract:The paper presents an attempt to analyze an impact of introducing the emission norms and trade in permits for the greenhouse gas emissions (implementation of the Kyoto protocols) on the economic growth in a small economy (illustrated on the case of Polish economy). The endogenization of the environmental costs causes extra charges or benefits related to the trade in the emission permits. In order to analyze the impact of the imposed regulations on the economic growth a one sector optimization model has been developed. The finite horizon optimization problem is considered. The zero end-point constraints on the net import and foreign debt have been adopted. The optimal solution consists of the optimal choice between the competing technologies, and investing the revenues gained at the beginning of the permit trading. Two simulation scenarios were performed, which differed in the level of permit prices, used as the model parameters.
Relation:Raport Badawczy = Research Report
Resource type: Detailed Resource Type: Source: Language: Language of abstract: Rights:Creative Commons Attribution BY 4.0 license
Terms of use:Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -
Digitizing institution:Systems Research Institute of the Polish Academy of Sciences
Original in:Library of Systems Research Institute PAS
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