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Emissions trading with output-based allocation (OBA) of emissions allowances is gaining popularity as a mean to address sectoral distribution issues related to the use of market-based instruments in pollution control. Using a dynamic general equilibrium framework, this paper assesses the...
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This study assesses the incidence of pollution control policies on households. In contrast to previous studies, we employ an integrated framework combining a multisector general equilibrium model with a stochastic dominance analysis using household-leved data. We consider three policy...
Persistent link: https://www.econbiz.de/10005015240
Within the context of an endogenous growth model, it is shown that in the presence of health risks which influence household income, the introduction of a private insurance company increases the long-term economic growth rate. The introduction of such an institution has two effects on savings: a...
Persistent link: https://www.econbiz.de/10005157217
This paper develops a dynamic stochastic general equilibrium model to analyze and derive simple budget rules in the face of volatile public revenue from natural resources in a low-income country like Niger. The simulation results suggest three policy lessons or rules of thumb. When a resource...
Persistent link: https://www.econbiz.de/10010813126
Most studies have assessed the distributional impact of carbon taxes through their effects on commodity prices alone, while ignoring their impact on individual welfare brought about by changes in factor prices. Yet, the remunerations of capital and labor are not affected by these taxes...
Persistent link: https://www.econbiz.de/10010752937
[eng] In this paper, we evaluate the potential effects of a customs union's creation among the UEMOA (West-African Economic and Monetary Union) countries. We develop a computable static and multi-country general equilibrium model to analyze the reform's impact in each country. Our simulation...
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