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This paper argues for introducing the role of capital malleability into the analysis of environmental policies. The … outcomes reveal differences between results under separate assumptions regarding the malleability of capital. When capital is … imperfectly malleable a carbon policy is less effective than under the assumption of perfect malleability of capital. Therefore …
Persistent link: https://www.econbiz.de/10010272461
We present a novel methodology to quantify the social costs and benefits (net social costs) of electric vehicles as an endogenous, demand-driven abatement technology in a general equilibrium framework. This new costing approach relates general equilibrium effects resulting from an increased...
Persistent link: https://www.econbiz.de/10011882961
the European Commission. In the short-time horizon, the best choice is renewable energy sources indicated by less capital …-intensive technologies (such as biomass). In the long-time horizon, more capital-intensive technologies (such as wind turbines) will be a …
Persistent link: https://www.econbiz.de/10012799193
We analyse the distributional effects of increased oil excises in Belgium by combining a Computable General Equilibrium (CGE) model with the EUROMOD microsimulation framework that exploits the rich detail of household-level data. The link between the CGE model and the micro level is top-down,...
Persistent link: https://www.econbiz.de/10009772546
We analyse the distributional effects of increased oil excises in Belgium by combining a regional Computable General Equilibrium (CGE) model with a microsimulation framework that exploits the rich detail of household-level data. The results suggest that policymakers face an equity-efficiency...
Persistent link: https://www.econbiz.de/10011534699
This paper argues for introducing the role of capital malleability into the analysis of environmental policies. The … outcomes reveal differences between results under separate assumptions regarding the malleability of capital. When capital is … imperfectly malleable a carbon policy is less effective than under the assumption of perfect malleability of capital. Therefore …
Persistent link: https://www.econbiz.de/10008489610
The study investigates how government can implement an increase in the rate of value-added tax (VAT) to ensure that the final rate of 15% is achieved in a way that satisfies the public (households and business community) and also ensures maximum revenue generation for the government. The...
Persistent link: https://www.econbiz.de/10012033899
The Clean Development Mechanism (CDM) established under the Kyoto Protocol allows industrialized Annex I countries to offset part of their domestic emissions by investing in emissions-reduction projects in developing non-Annex I countries. We present a novel CDM modeling framework which can be...
Persistent link: https://www.econbiz.de/10010339381
composite input and the labor-capital one, an even strong form of double dividend can be obtained. We performed several …
Persistent link: https://www.econbiz.de/10014220811
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This article undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012241803