Trade sanctions and the stability of climate coalitions

A-Tier
Journal: Journal of Environmental Economics and Management
Year: 2021
Volume: 109
Issue: C

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate whether trade sanctions against outsiders can foster climate cooperation in self-enforcing international environmental agreements if outsiders retaliate. We find a threshold effect: In small coalitions incentives to be a coalition member decrease whereas in large coalitions they increase. Thus, trade sanctions can be an effective tool in climate policy only after a sufficiently large climate coalition has already been formed. Even if larger stable coalitions are achieved with trade sanctions, implications for global welfare can be adverse, because additional trade distortions trade off with the environmental gains. We identify the USA and Europe as essential members of stable coalitions if outsiders retaliate.

Technical Details

RePEc Handle
repec:eee:jeeman:v:109:y:2021:i:c:s0095069621000759
Journal Field
Environment
Author Count
2
Added to Database
2026-01-25