Hübler, Michael; Voigt, Sebastian; Löschel, Andreas - EcoMod Network - 2014
We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model …, the model simulations indicate that the climate policy- induced welfare loss in 2020, measured as the level of GDP and … welfare in 2020 under climate policy relative to their level under business-as-usual (BAU) in the same year, is about 1%. The …