Tag: simulation
Environmental Implications of Russia’s Accession to the WTO
![](https://i0.wp.com/freepolicybriefs.org/wp-content/uploads/2015/10/20151026-Environmental-Implications-of-Russia-11.jpg?fit=2048%2C1367&ssl=1)
Authors: David G. Tarr, NES and Natalia Turdyeva, CEFIR.
We investigate the environmental impacts of Russia’s World Trade Organization (WTO) accession with a computable general equilibrium model incorporating imperfectly competitive firms, foreign direct investment and endogenous productivity. The WTO accession affects CO2 emissions through technique (−), composition (+) and scale (+) effects. We consider three complementary policies to limit CO2 emissions: cap and trade, emission intensity standards, and energy efficiency standards. With imperfectly competitive firms, gains from WTO accession result with any of these policies.