This study uses a computable general equilibrium model to analyze various policy scenarios for a carbon tax on greenhouse gas emissions from petroleum fuels and kerosene in Ethiopia. The carbon tax starts at USD 5 per ton of carbon dioxide in 2018 and rises to USD 30 per ton in 2030. Different...

Top-down economic models, such as computable general equilibrium models, are the common tools to assess the economic impacts of climate change policies. However, these models are incapable of representing the detailed technological characteristics of the sources of greenhouse gas emissions. The...

This paper outlines the structure and economic foundation of the World Bank's macroeconomic and fiscal model (MFMod). MFMod consists of individual country models for 181 countries. The models are used by country economists within the World Bank's Macroeconomics, Trade and Investment Global...

In response to a challenge from members of the Carbon Pricing Panel for the world to expand carbon pricing to cover 25 percent of global emissions by 2020, Ethiopia commissioned a carbon pricing study to obtain recommendations on the role and possible forms of carbon pricing policies in...

This paper summarizes the World Bank's approach to identifying parameters for key equations in its macro structural model for countries where short sample sizes or major structural changes render traditional time-series approaches infeasible or yield unstable estimates. To identify parameters...