This paper studies how changes in energy input costs for U.S. manufacturers affect the relative welfare of manufacturing producers and consumers (i.e. incidence). In doing so, we develop a partial equilibrium methodology to estimate the incidence of input taxes that can simultaneously account...

This paper estimates how increases in production costs due to energy inputs affect consumer versus producer surplus (i.e., incidence). In doing so, we develop a general methodology to measure the incidence of changes in input costs that can account for three first-order issues: factor...

Climate change policies are often met with resistance due to fears over the loss ofcompetitiveness and employment. This paper studies the effect of energy prices, whichare a proxy for a carbon tax, on the labor share of income and industry concentration.Using aggregated administrative data from...