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The Impact on the Japanese Economy of Reducing Greenhouse Gas Emissions: The Role of Economic Models

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An Evaluation of Japanese Environmental Regulations

Abstract

How much greenhouse gas (GHG) emissions should be reduced to mitigate their adverse effects on climate change is a global issue. As the first commitment period of the Kyoto Protocol (2008–2012) reached its end, a heated discussion continued over the post-Kyoto Protocol treaty, which urged the Japanese government to set Japan’s medium-term target for limiting GHG emissions. Quantitative economic models were expected to play an essential role in this policy discussion. Chapter 8 describes the contributions that economic models can make to the policy debate over Japan’s reduction target and offers some remarks on their use.

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Notes

  1. 1.

    Relevant materials, including the minutes of this meeting, are available on the Cabinet website: http://www.kantei.go.jp/jp/singi/index.html.

  2. 2.

    AIM is the abbreviation for Asian Pacific Integrated Model.

  3. 3.

    DNE is the abbreviation for Dynamic New Earth.

  4. 4.

    One exception is Sugino and Arimura (2011). They examined the impacts of intensity target on investment in Japanese manufacturing sectors.

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Arimura, T.H., Iwata, K. (2015). The Impact on the Japanese Economy of Reducing Greenhouse Gas Emissions: The Role of Economic Models. In: An Evaluation of Japanese Environmental Regulations. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-9947-8_8

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