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Although many CGE models have already been developed for analyzing the climate policy in Japan, most of them only investigate national level impacts. However, impacts of emissions regulations are likely to vary considerably by region because there are large regional differences in household...
Persistent link: https://www.econbiz.de/10015229665
Extending a standard 2x2 Heckscher-Ohlin model to incorporate emissions, this paper investigates the effect of differentiated emission taxes on output and emissions in a small open economy. The following results are derived. First, raising the emission tax imposed on one industry may increase...
Persistent link: https://www.econbiz.de/10005417012
Using a multi-region, multi-sector computable general equilibrium model, this paper studies economic impacts of border adjustments for climate change policy. Our model is a 12 regions, 22 sectors recursive dynamic model from 2004 to 2020 and we use GTAP7.1 for a benchmark dataset. We assume that...
Persistent link: https://www.econbiz.de/10011105241
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The adoption of domestic emissions trading schemes (ETS) can impose a heavy burden on energy-intensive industries. Particularly, energy-intensive industries competing with foreign competitors could lose their international edge. Although the abatement of CO<Subscript>2</Subscript> emissions in industrialized countries...</subscript>
Persistent link: https://www.econbiz.de/10010994517
Extending a standard 2x2 Heckscher-Ohlin model to incorporate emissions, this paper investigates the effect of differentiated emission taxes on output and emissions in a small open economy. The following results are derived. First, raising the emission tax imposed on one industry may increase...
Persistent link: https://www.econbiz.de/10010835794
This paper examines the effects of international income transfers in the presence of technological uncertainty and shows the following results. First, a transfer paradox can occur only if the rates of return from assets are not equalized between the donor and the recipient. Second, the more...
Persistent link: https://www.econbiz.de/10004992475
It is widely known that emissions of greenhouse gases from anthropogenic activities have been dramatically increasing at the unprecedented rate over the past several decades, and causing the global climate change. To assess the future trends of such global climate change, it is necessary to...
Persistent link: https://www.econbiz.de/10004992529