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International Variations in GSR, by Regional Grouping

International Variations in GSR, by Regional Grouping

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This paper examines the potential role of carbon sequestration in forests under a range of exogenously chosen carbon price paths. The price paths were chosen to simulate several different climate change policies. The results indicate that global sequestration could range from 48�147 Pg C by 2105 for carbon prices ranging from $100 to more than $800...

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... cross-country estimates of the GSR indicate that genuine savings is persistently negative for some important subsets of countries. This finding is moderated somewhat when human capital investment is included as a component of genuine savings but it does not fully reverse the effects of natural capital depletion. Figure 1 reports the GSRs of various regional groups of countries in 2000, without adjusting for human capital investment. ...

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Article
Full-text available
This paper examines the potential role of carbon sequestration in forests under a range of exogenously chosen carbon price paths. The price paths were chosen to simulate several different climate change policies. The results indicate that global sequestration could range from 48�147 Pg C by 2105 for carbon prices ranging from $100 to more than $800...