Social incidence and economic costs of carbon limits

Autor: Thomas Wiedmer, Renger van Nieuwkoop, Gunter Stephan
Rok vydání: 1992
Předmět:
Zdroj: Environmental and Resource Economics. 2:569-591
ISSN: 1573-1502
0924-6460
DOI: 10.1007/bf00330284
Popis: This paper discusses both distributional and allocational effects of limiting carbon dioxide emissions in a small and open economy. It starts from the assumption that Switzerland attempts to stabilize its greenhouse gas emissions over the next 25 years, and evaluates costs and benefits of the respective reduction program. From a methodological viewpoint, this paper illustrates, how a computable general equilibrium approach can be adopted for identifying economic effects of cutting greenhouse gas emissions on the national level. From a political economy point of view it considers the social incidence of a greenhouse policy. It shows in particular that public acceptance can be increased and economic costs of greenhouse policies can be reduced, if carbon taxes are accompanied by revenue redistribution.
Databáze: OpenAIRE