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We show that imposition of a state-level environmental tax in a federation crowds out preexisting federal taxes. We explain how this vertical fiscal externality can lead unilateral statelevel environmental policy to generate a welfare gain in the implementing state, at the expense of other...
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fully laid out, replication of results would still require specialized programming skills. As a consequence, CGE analyses … are often perceived as a black box to non-expert readers. This article aims at lowering the barriers to numerical CGE … analysis along two lines. First, we provide a compact introduction to recent methods of CGE model implementation that may …
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In response to anthropogenic climate change, developed countries have committed themselves to raise 100 billion USD a year from 2020 onwards for addressing the needs of developing countries. In this paper, we investigate the economic and CO2 emission impacts of four alternative options for...
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