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GTAP Resources: Resource Display

GTAP Resource #1040

"Evaluation of the Costs and Benefits of EU Wide Emission Trade for Finland"
by Honkatukia, Juha


Abstract
This study assesses the economic impacts of the proposed EU-wide emission trade both on the European union as a whole and on Finland in particular. The study utilises the global GTAP-E- CGE-model to analyse Europe-wide impacts and a Finland-specific, hybrid, CGE-model to study the impacts on the Finnish economy. The main finding of the study is that at a European level, emission trade appears to be very beneficial. However, emission trade along the lines of the EU Emission trade directive would not necessarily lower the macroeconomic costs of green house gas abatement in Finland, since it might very well misallocate quotas among the trading sectors on the one hand, and between the trading sectors and the rest of the economy on the other. Abatement costs might be lowered within some of the trading sectors, however. The study focuses on manufacturing of metals in particular and finds that emission trading would lower abatement costs in these industries only if permit prices were very low.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2002 Conference Paper
Status: Published
By/In: Presented at the 5th Annual Conference on Global Economic Analysis, Taipei, Taiwan
Date: 2002
Version:
Created: Honkatukia, J. (4/30/2002)
Updated: Bacou, M. (7/16/2002)
Visits: 2,791
No keywords have been specified.


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  File format GTAP Resource 1040   (131.7 KB)   Replicated: 0 time(s)


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