University of Illinois Urbana-Champaign

Economic analysis of international climate cooperation

Yang, Bei

Content Files
YANG-DISSERTATION-2021.pdf

Permalink

https://hdl.handle.net/2142/110488

Description

Title
Economic analysis of international climate cooperation
Author(s)
Yang, Bei
Issue Date
2021-04-19
Director of Research (if dissertation) or Advisor (if thesis)
Williams, Steven
Doctoral Committee Chair(s)
Williams, Steven
Committee Member(s)
  • Singer, Clifford
  • Bernhardt, Mark Daniel
  • Krasa, Stefan
  • Lemus, Jorge
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Date of Ingest
2021-09-17T01:10:59Z
Keyword(s)
  • Climate change
  • Cooperation
  • Game theory
Abstract
"I develop and estimate an integrated model of global climate and regional economies to study international cooperation on net-zero carbon emission among sixteen geographic regions. I find that achieving net-zero emission by mid-century reduces global social welfare loss by up to 35%, accounting for the emission reduction cost. However, I show that this international cooperation suffers the ""tragedy-of-commons"" problem due to the positive externality of emission reduction policies. I then combine theory and numerical simulations to study the effectiveness of trigger strategies and transfer payments in resolving this problem. The results presented here, however, suggest that they may not be sufficient to sustain global cooperation for achieving net-zero carbon emission by mid-century."
Graduation Semester
2021-05
Type of Resource
Thesis
Permalink
http://hdl.handle.net/2142/110488
Copyright and License Information
Copyright 2021 Bei Yang

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Graduate Dissertations and Theses at Illinois PRIMARY
Graduate Theses and Dissertations at Illinois
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