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Carbon Tariffs : An Analysis of the Trade, Welfare and Emission Effects

Titelangaben

Larch, Mario ; Wanner, Joschka:
Carbon Tariffs : An Analysis of the Trade, Welfare and Emission Effects.
In: Journal of International Economics. Bd. 109 (November 2017) . - S. 195-213.
ISSN 0022-1996
DOI: 10.1016/j.jinteco.2017.09.003

Abstract

Carbon tariffs are one prominently discussed climate policy. The proponents stress the carbon tariffs’ ability to restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on trade, welfare, and carbon emissions in a structural gravity model. We find that the introduction of carbon tariffs reduces welfare in most countries and the effect tends to be most pronounced in developing countries. Further, carbon emissions are massively shifted from these countries to industrialized countries and world carbon emissions decrease by 0.83 percent, with a bootstrapped 95% confidence interval of [-0.92, -0.80]. In our two-sector, two-factor gravity model, we are able to decompose the emission changes into scale, composition, and technique effects. While for individual countries composition accounts for 73 percent of the change on average, two thirds of the world reduction are due to the world scale effect.

Weitere Angaben

Publikationsform: Artikel in einer Zeitschrift
Begutachteter Beitrag: Ja
Keywords: carbon tariffs; climate policy; gravity model
Fachklassifikationen: JEL Klassifikation:
[F140] Empirical Studies of Trade
[F180] Trade and Environment
[Q560] Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

Zusätzliche CESifo Kategorie:
[10] Energy and Climate Economics
Institutionen der Universität: Fakultäten
Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät
Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät > Fachgruppe Volkswirtschaftslehre
Fakultäten > Rechts- und Wirtschaftswissenschaftliche Fakultät > Fachgruppe Volkswirtschaftslehre > Lehrstuhl Volkswirtschaftslehre VI: Empirische Wirtschaftsforschung
Titel an der UBT entstanden: Ja
Themengebiete aus DDC: 300 Sozialwissenschaften
300 Sozialwissenschaften > 330 Wirtschaft
Eingestellt am: 16 Nov 2017 07:26
Letzte Änderung: 20 Dec 2017 09:42
URI: https://eref.uni-bayreuth.de/id/eprint/40405