Lanzi, Elisa; Wing, Ian Sue - In: Environmental & Resource Economics 55 (2013) 2, pp. 257-289
Computable general equilibrium (CGE) models are the premier analytical platform for assessing the economic impacts of … dampen reallocation is not well understood, there is concern that CGE assessments understate the true costs of greenhouse gas … (GHG) reduction policies. This paper uses a multi-region, multi-sector CGE model to investigate cap-and-trade schemes, such …