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Optimal unilateral carbon policy

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Optimal unilateral carbon policy

Kortum, Samuel; Weisbach, David A. - 2021

We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities - extraction, production, and consumption - in the other...

Persistent link: https://www.econbiz.de/10012668790