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This paper forms part of an OECD project which addresses the issue of the cost of reducing CO2 emissions by comparing the results from six global models of a set of standardised reduction scenarios. The project provides evidence on: i)projected carbon dioxide emissions through the next century,...
Persistent link: https://www.econbiz.de/10012445434
This paper examines how the general equilibrium incidence of an environmental tax depends on the effect of different incomes and preferences of heterogeneous households on aggregate outcomes. We develop a Harberger-type model with general forms of preferences and substitution between capital,...
Persistent link: https://www.econbiz.de/10011753294
Persistent link: https://www.econbiz.de/10011476346
We examine the lifetime incidence and intergenerational distributional effects of an economywide carbon tax swap using a numerical dynamic general equilibrium model with overlapping generations of the U.S. economy. We highlight various fundamental choices in policy design including (1) the level...
Persistent link: https://www.econbiz.de/10011806749
Persistent link: https://www.econbiz.de/10011654408
This paper examines how the general equilibrium incidence of an environmental tax depends on the effect of different incomes and preferences of heterogeneous households on aggregate outcomes. We develop a Harberger-type model with general forms of preferences and substitution between capital,...
Persistent link: https://www.econbiz.de/10013001543
Persistent link: https://www.econbiz.de/10011859579
Persistent link: https://www.econbiz.de/10014440744
We examine the welfare effects of removing explicit and implicit fossil fuel subsidies, the latter entailing Pigouvian pricing of local externalities from fossil energy consumption. We map a multi-region, multi-sector general equilibrium model to granular data on subsidies, local marginal...
Persistent link: https://www.econbiz.de/10015422916
Persistent link: https://www.econbiz.de/10001424806