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Germany has committed itself to reducing its carbon emissions by 25 percent in 2005 as compared to 1990 emission levels. To achieve this goal, the government has recently launched an environmental tax reform which entails a continuous increase in energy taxes in conjunction with a...
Persistent link: https://www.econbiz.de/10010986665
Multi-sector, multi-region computable general equilibrium (CGE) models are typically based on the most recent consistent accounts of region- and sector-specific production, consumption, bilateral trade and energy flows as provided by the GTAP data base. However, even the most recent data base...
Persistent link: https://www.econbiz.de/10010887955
Studies of structural change induced by environmental taxation usually proceed in a perfect-competition framework and typically find structural change to be quite moderate under realistic emission reduction scenarios. By observing that some of the industries affected are likely to operate under...
Persistent link: https://www.econbiz.de/10005306201
We investigate the possible future of Post-Kyoto climate policies until 2020. Based on a cross-impact analysis, we first evaluate an expert poll to identify the most likely Post-Kyoto climate policy scenarios. We then use a computable general equilibrium model to assess the economic implications...
Persistent link: https://www.econbiz.de/10005217722
We present a meta-regression analysis of model-based simulation studies assessing the employment effects of environmental tax reforms. Besides the role of central modeling assumptions we investigate the implications of contracting bodies on the simulation results. Our analysis reveals the...
Persistent link: https://www.econbiz.de/10008495038
This paper advocates computable general equilibrium models as a methodological tool that is suitable for measuring the impacts of policy interference on the three dimensions of sustainable development, i.e. environmental quality, economic performance and equity. These dimensions are inherently...
Persistent link: https://www.econbiz.de/10005071320
This paper advocates computable general equilibrium models as a methodological tool that is particularly suitable for measuring the impacts of policy interference on the three dimensions of sustainable development, i.e. environmental quality, economic performance (gross efficiency) and equity....
Persistent link: https://www.econbiz.de/10005097626
We present a decomposition approach for integrated assessment modeling of climate policy based on a linear approximation of the climate system. Our objective is to demonstrate the usefulness of decomposition for integrated assessment models posed in a complementarity format. First, the...
Persistent link: https://www.econbiz.de/10005097647
International climate policy has assigned the leading role in emissions abatement to the industrialized countries while developing countries remain uncommitted to binding emission reduction targets. However, cooperation between the industrialized and the developing world through joint...
Persistent link: https://www.econbiz.de/10005097681
This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU...
Persistent link: https://www.econbiz.de/10005097719