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Impacts of Border Carbon Adjustments on China’s Sectoral Emissions: Simulations with a Dynamic Computable General Equilibrium Model AgEcon
Bao, Qin; Tang, Ling; Zhang, ZhongXiang; Qiao, Han; Wang, Shouyang.
Carbon-based border tax adjustments (BTAs) have recently been proposed by some OECD countries to level the carbon playing field and target major emerging economies. This paper applies a multi-sector dynamic computable general equilibrium (CGE) model to estimate the impacts of the BTAs implemented by US and EU on China’s sectoral carbon emissions. The results indicate that BTAs will cut down export prices and transmit the effects to the whole economy, reducing sectoral output-demands from both supply side and demand side. On the supply side, sectors might substitute away from exporting toward domestic market, increasing sectoral supply; while on the demand side, the domestic income may be strikingly cut down due to the decrease in export price, decreasing...
Tipo: Working Paper Palavras-chave: Border Carbon Tax Adjustments; Computable General Equilibrium Model; Carbon Emissions; Environmental Economics and Policy; D58; F18; Q43; Q48; Q52; Q54; Q56; Q58.
Ano: 2011 URL: http://purl.umn.edu/120044
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Environmental Kuznets Curves for Carbon Emissions: A Critical Survey AgEcon
Aslanidis, Nektarios.
The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so-called Environmental Kuznets Curve (EKC), suggests that as countries experience economic growth, environmental deterioration decelerates and thus becomes less of an issue. Focusing on the prime example of carbon emissions, the present article provides a critical review of the new econometric techniques that have questioned the baseline polynomial specification in the EKC literature. We discuss issues related to the functional form, heterogeneity, “spurious” regressions and spatial dependence to address whether and to what extent the EKC can be observed. Despite these new approaches, there is still no clear-cut evidence supporting the existence of the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Kuznets Curve; Carbon Emissions; Functional Form; Heterogeneity; “Spurious” Regressions; Spatial Dependence; Environmental Economics and Policy; C20; Q32; Q50; O13.
Ano: 2009 URL: http://purl.umn.edu/54299
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