Hübler, Michael; Löschel, Andreas; Voigt, Sebastian - 2014
We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model …% lower than in 2005, 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 …