Yan, Dong; Whalley, John - 2009
This paper highlights the potential for joint OECD (or non-OPEC) carbon taxes to reduce OPEC's monopoly rent and … which emissions are endogenously determined. We calibrate our model to 2006 data. Our analytics and numerical simulation … the supplier's price of oil, thus decreasing non-OPEC countrie's oil demand, and transferring OPEC monopoly rent to non …