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The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry … unilaterally introduced carbon tax under both perfect and imperfect competition. Our key finding is that induced structural change … in favor of the less energy intensive, more labor intensive industries is more pronounced under imperfect competition …
Persistent link: https://www.econbiz.de/10011445696
Persistent link: https://www.econbiz.de/10001565120
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry … unilaterally introduced carbon tax under both perfect and imperfect competition. Our key finding is that induced structural change … in favor of the less energy intensive, more labor intensive industries is more pronounced under imperfect competition …
Persistent link: https://www.econbiz.de/10013428389
In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using trade policy as an implicit regulation of foreign emission sources has gained many supporters in countries contemplating unilateral climate policies. Embodied carbon tariffs tax...
Persistent link: https://www.econbiz.de/10010442758
-equilibrium simulation model of the global economy that includes an innovative monopolistic-competition structure of bilateral representative …
Persistent link: https://www.econbiz.de/10011933676
Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner...
Persistent link: https://www.econbiz.de/10011936350
Carbon-based import tariffs are discussed as policy measures to reduce carbon leakage and increase the global cost-effectiveness of unilateral CO2 emission pricing. We assess how the potential of carbon tariffs to increase cost-effectiveness of unilateral climate policy depends on the magnitude...
Persistent link: https://www.econbiz.de/10011446667
Persistent link: https://www.econbiz.de/10002079989
Persistent link: https://www.econbiz.de/10002080011
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