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unilateral climate policies. Embodied carbon tariffs tax the direct and indirect carbon emissions embodied in imported goods. The …, carbon tariffs could substantially extend the reach of OECD climate policies. We investigate this claim by simulating the … effects of embodied carbon tariffs with a computable general equilibrium model of global trade and energy use. We find that …
Persistent link: https://www.econbiz.de/10013067497
This paper describes a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non …, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs …
Persistent link: https://www.econbiz.de/10013321833
This paper examines the effect of tariffs and exchange rates on U.S. prices of Japanese cars, trucks and motorcycles …. In particular, we test whether the long run pass-through of tariffs and exchange rates are identical: the symmetry …
Persistent link: https://www.econbiz.de/10012760233
This paper discusses both the potential contribution that trade policy initiatives can make towards the achievement of significant global carbon emissions reduction and the potential impacts of proposals now circulating for carbon reduction motivated geographical trade arrangements, including...
Persistent link: https://www.econbiz.de/10013224710
We build a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in most IAMs. These elements are spatial heat transport from the Equator to the Poles, sea level rise,...
Persistent link: https://www.econbiz.de/10012922987
The US-Mexico free-trade debate included some theoretical assertions that were then used as arguments against trade and investment liberalization. (1) Trade liberalization increases the degree to which production is internationally relocated in response to environmental restrictions...
Persistent link: https://www.econbiz.de/10013220935
available and an efficiency ranking is feasible: tariffs vs. non-tariff barriers (NTBs). In our policy choice model a government … bargaining with domestic SIGs can gain by constraining tariffs through international agreements even if this leads to the use of … indicates NTBs are less efficient than the tariffs they imperfectly replace. Moreover, we find parametric and non …
Persistent link: https://www.econbiz.de/10012757990
preference by economists for factor or product taxes and subsidies over tariffs and export subsidies may not be justified in this …
Persistent link: https://www.econbiz.de/10012760364
theory, differentiated policies can be designed to accommodate non-uniformly mixed pollution using emissions penalties that …
Persistent link: https://www.econbiz.de/10013086678
Tradable permit regulations have recently been implemented for climate change policy in many countries. One of the first mandatory markets was the EU Emission Trading System, whose first phase ran from 2005-07. Unlike taxes, permits expose firms to volatility in regulatory costs, but are...
Persistent link: https://www.econbiz.de/10013070488