REDD and optimal carbon credits trading

Material type: 規格・テクニカルリポート類

Author: 大沼, あゆみほか

Publisher: Keio Economic Society, Keio University

Publication date: 2012-12

Material Format: Digital

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Note (General)：: 出版タイプ： VoRtype:textREDD is receiving considerable attention as an effective mechanism for offering incentives to developing countries to slow the rate...

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Material Type: 規格・テクニカルリポート類
Title: REDD and optimal carbon credits trading
Author/Editor: 大沼, あゆみ
澤田, 英司
Author Heading: 大沼, あゆみ
澤田, 英司
Publication, Distribution, etc.: Keio Economic Society, Keio University
Publication Date: 2012-12
Publication Date (W3CDTF): 2012
Periodical title: Keio Economic Society discussion paper series
No. or year of volume/issue: 12 4
Volume: 12
Issue: 4
Subject Heading: REDD,Deforestation and forest degradation,Carbon credits trading,Trading ratio
Target Audience: 一般
Note (General): 出版タイプ： VoR
type:text
REDD is receiving considerable attention as an effective mechanism for offering incentives to developing countries to slow the rate of deforestation and forest degradation. We show that the trading ratio of credits that is consistent with the social optimum, is not one to one because of uncertainty, and can be more or less than unity, depending on the type of uncertainty. Moreover, we show that the trading ratio will always be less than unity. Furthermore, we present a condition where a country that had a higher level of forest management in the past is assigned a higher trading ratio. Finally, we demonstrate that if the level of forest management is controllable for each country, then REDD does not achieve the social optimum in general.
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 慶應義塾大学 : 慶應義塾大学学術情報リポジトリ