Impact of emissions pricing on New Zealand manufacturing: A short-run analysis

An orderly transition to lower emission intensity in a small open economy requires a careful balance of exposing the economy to emissions costs but at a manageable level and pace. What is considered manageable for the economy is subject to debate, as is the size and distribution of impacts on emissions intensive industry. This study bridges existing long run, economy wide models and individual firm case studies by exploring the emissions intensity and short-run implications of emissions pricing for 51 manufacturing industry groups.