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introduction of a carbon import tariff increases global welfare (and not just the welfare of the importing country) if there is no … (or insufficient) pricing of carbon abroad. A higher domestic price of carbon justifies a higher import tariff. Moreover …, a higher relative intensity of carbon abroad increases the desirability of high import tariff imposed by the home …
Persistent link: https://www.econbiz.de/10013070638
introduction of a carbon import tariff increases global welfare (and not just the welfare of the importing country) if there is no … (or insufficient) pricing of carbon abroad. A higher domestic price of carbon justifies a higher import tariff. Moreover …, a higher relative intensity of carbon abroad increases the desirability of high import tariff imposed by the home …
Persistent link: https://www.econbiz.de/10013071024
Persistent link: https://www.econbiz.de/10010507764
global cost-effectiveness carbon tariffs can be imposed on the emissions embodied in imports from non-regulating regions. We … present a theoretical analysis on the economic incentives for emission abatement of producers subjected to carbon tariffs. We … global economy. We find that firm-targeted tariffs can deliver much stronger leakage reduction and higher efficiency gains …
Persistent link: https://www.econbiz.de/10013024309
-country, dynamic general equilibrium model with financial frictions, climate policies, including carbon tariffs, and macroprudential … back. We also examine more ambitious climate architectures involving carbon tariffs or a global carbon price. We find that …
Persistent link: https://www.econbiz.de/10014444903
or import tariff would increase global welfare; 2. Such a carbon import tariff can be made to be compatible with WTO …
Persistent link: https://www.econbiz.de/10013069791
As the European carbon border adjustment (CBA) mechanism is high up on the European Commission's agenda and soon to be implemented, it is important to understand the economic and environmental implications of alternative designs of such a mechanism. To this end and with a view to informing the...
Persistent link: https://www.econbiz.de/10013274299
introduction of a carbon import tariff increases global welfare (and not just the welfare of the importing country) if there is no … (or insufficient) pricing of carbon abroad. A higher domestic price of carbon justifies a higher import tariff. Moreover …, a higher relative intensity of carbon abroad increases the desirability of high import tariff imposed by the home …
Persistent link: https://www.econbiz.de/10003887198
Persistent link: https://www.econbiz.de/10003877471
Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as...
Persistent link: https://www.econbiz.de/10014438443