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South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reaches US$30 per ton of CO2 by 2022 achieves...
Persistent link: https://www.econbiz.de/10013043433
We estimate the carbon intensity of industries, products and households in South Africa using data from a high resolution supply‐use table. Direct and indirect carbon usage is measured using multiplier methods that capture inter‐industry linkages and multi‐product supply chains. Carbon...
Persistent link: https://www.econbiz.de/10013043566
South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. Following a discussion of the motivations for considering a carbon tax, we evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model including a detailed evaluation of...
Persistent link: https://www.econbiz.de/10013043568
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As the South African economy emerges from the downturn induced by COVID-19, policy makers are concerned with recovery, reconstruction, and transformation. This paper focuses on the recovery from the severely depressed levels of economic activity that occurred in April 2020. However, before...
Persistent link: https://www.econbiz.de/10013220125
This paper considers different approaches to modelling the economic impact of the COVID-19 pandemic/lockdown shocks. We review different modelling strategies and argue that, given the nature of the bottom-up recession caused by the pandemic/lockdowns, simulation models of the shocks should be...
Persistent link: https://www.econbiz.de/10013232554
Prior to the onset of the COVID-19 pandemic, South Africa confronted an unfolding economic crisis. Today, the economic situation has worsened in essentially every dimension. If there is a silver lining to this terrible pandemic from the perspective of the South African economy, it could be found...
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