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With large shares in global trade and carbon emissions, China's international trade is supposed to be significantly … affected by the proposed carbon-based border tax adjustments (BTAs). This paper examines the impacts of BTAs imposed by the USA … and EU on China's international trade, based on a multi-sector dynamic computable general equilibrium (CGE) model. The …
Persistent link: https://www.econbiz.de/10009714388
(CGE) model to estimate the impacts of the BTAs implemented by US and EU on China's sectoral carbon emissions. The results …
Persistent link: https://www.econbiz.de/10009419783
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"This paper summarizes recent developments in the theory and practice of monetary policy in a closed economy and explains what these developments mean for U.S. dollar policy. There is no conflict between what is appropriate U.S. monetary policy at home or abroad because the dollar is the world's...
Persistent link: https://www.econbiz.de/10003139110
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tariffs on Chinese products to the U.S. market, even given China's own recent announcement to voluntarily seek to reduce its … really open the possibility for the U.S. and China to make the commitments that each wants from the other, the inclusion of … the carbon contents of imported products. Meanwhile, being targeted by such border carbon adjustment measures, China needs …
Persistent link: https://www.econbiz.de/10008702833
To date, border adjustment measures in the form of emissions allowance requirements (EAR) under the U.S. proposed cap-and-trade regime are the most concrete unilateral trade measure put forward to level the carbon playing field. If improperly implemented, such measures could disturb the world...
Persistent link: https://www.econbiz.de/10008702270