GTAP Resources: Resource Display
| GTAP Resource #6566 |
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"Carbon policies in developed countries: effects on world trade and welfare" by Cao, Jing, Xian Hu and Mun Ho Abstract This paper draws the following conclusions from the simulation analysis using a global dynamic general equilibrium computable model. First, unilateral carbon pricing policies can lead to severe carbon leakage, which is mainly due to the transfer of production sectors. Second, however, carbon tariffs have a very small effect on reducing carbon leakage and have no effect on improving the competitiveness of firms in carbon pricing countries. Carbon tariffs will further increase the impact on the world economy, but will have a very limited effect on reducing world CO2 emissions. Third, the imposition of carbon taxes and tariffs by the EU and the US will mainly cause negative economic impact on Russia, oil exporting countries, Canada, Mexico and other countries, which will not have a significant impact on China's overall economic operation, but will have a negative impact on China's energy production industry, and if China does not have a carbon reduction policy, the production of domestic energy-intensive industries will increase, making carbon emissions rise. |
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- Dynamic modeling - Climate change policy - Environmental policies - Trade and the environment - GTAP Data Base and extensions - Economic growth - Asia (East) - Europe (Eastern) - North America |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  GTAP Resource 6566 (3.0 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
