Similar Search Results

Trade, Leakage, and the Design of a Carbon Tax

Weisbach, David A.; Kortum, Samuel; Wang, Michael Y.; … - National Bureau of Economic Research - 2022

places with few or no emissions restrictions, an effect known as leakage. Relocated industries would continue to pollute but … would be operating in a less desirable location. We consider solutions to the leakage problem in a simple setting where one … tax rate on production lower due to leakage; (3) taxing only production (on the demand side), however, would be …

Persistent link: https://www.econbiz.de/10013334461

On the Geographic Implications of Carbon Taxes

Conte, Bruno; Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

Persistent link: https://www.econbiz.de/10013462726

The Macroeconomic Impact of Climate Change : Global vs. Local Temperature

Bilal, Adrien; Känzig, Diego R. - National Bureau of Economic Research - 2024

This paper estimates that the macroeconomic damages from climate change are six times larger than previously thought. We exploit natural variability in global temperature and rely on time-series variation. A 1°C increase in global temperature leads to a 12% decline in world GDP. Global...

Persistent link: https://www.econbiz.de/10014544728

Measuring Climate Change Impacts on Agriculture : An Equilibrium Perspective on Supply-Side Approaches

Gouel, Christophe - National Bureau of Economic Research - 2022

A popular approach for estimating climate change impacts on agriculture is to rely on supply-side reduced-form regressions. These methods, which include the Ricardian approach, focus on how farmers and agricultural land market react to changes in climatic conditions, under the implicit...

Persistent link: https://www.econbiz.de/10013334496

Think Globally, Act Globally : Opportunities to Mitigate Greenhouse Gas Emissions in Low- and Middle-Income Countries

Glennerster, Rachel; Jayachandran, Seema - National Bureau of Economic Research - 2023

Reductions in greenhouse gas emissions are a global public good, which makes it efficient to act globally when addressing this challenge. We lay out several reasons that high-income countries seeking to mitigate climate change might have greater impact if they invest their resources in...

Persistent link: https://www.econbiz.de/10014322808

Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary

Clausing, Kimberly A.; Wolfram, Catherine D. - National Bureau of Economic Research - 2023

Jurisdictions adopt heterogeneous climate policies that vary both in terms of ambition and in terms of policy approach, with some jurisdictions pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers associated with diverse policy approaches to...

Persistent link: https://www.econbiz.de/10014322698

Climate Change Around the World

Krusell, Per; Smith, Anthony A. - National Bureau of Economic Research - 2022

The economic effects of climate change vary across both time and space. To study these effects, this paper builds a global economy-climate model featuring a high degree of geographic resolution. Carbon emissions from the use of energy in production increase the Earth's (average) temperature and...

Persistent link: https://www.econbiz.de/10013361992

Voluntary Emission Restraints in Developing Economies : The Role of Trade Policy

Caliendo, Lorenzo; Dolabella, Marcelo; Moreira, … - National Bureau of Economic Research - 2024

We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and Parro (2015) in three dimensions. First, we model...

Persistent link: https://www.econbiz.de/10014544737

Institutions, Comparative Advantage, and the Environment

Shapiro, Joseph S. - National Bureau of Economic Research - 2023

This paper proposes that strong financial, judicial, and labor market institutions provide comparative advantage in clean industries, and thereby improve a country's environmental quality. Five complementary tests support this hypothesis. First, industries that depend on institutions are...

Persistent link: https://www.econbiz.de/10014421193

The Gas Trap : Outcompeting Coal vs. Renewables

Harstad, Bård; Holtsmark, Katinka - National Bureau of Economic Research - 2024

We analyze a fundamental dilemma and time-inconsistency problem facing a climate coalition producing natural gas. In the short term, it is tempting to export more to outcompete coal. When this policy is anticipated, however, investments in renewables fall and emissions ultimately increase. When...

Persistent link: https://www.econbiz.de/10014635681

1
2
3
4
5
6
7
8
9
10
Next
Last