کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5053228 1476506 2017 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Carbon pricing and terms of trade effects for China and India: A general equilibrium analysis
ترجمه فارسی عنوان
قیمت گذاری کربن و شرایط اثرات تجاری برای چین و هند: تجزیه و تحلیل تعادلی کلی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Using country-specific dynamic computable general equilibrium (CGE) models, this paper estimates carbon prices in China and India, and compares the effects of carbon pricing policies under terms of trade effects. Estimated carbon prices are higher in China due to differences in emission intensity and in the rate of deployment of new technologies in the models. Differences in carbon prices open up the possibility of carbon trading between the two countries to achieve mitigation objectives. Further, under assumptions about different exchange rate regimes and international fossil fuel prices, the effects of carbon pricing policies on the two economies are mostly similar in terms of direction but, expectedly, different in terms of magnitude. Terms of trade effects could exacerbate carbon pricing effects to a greater degree in China as the country is significantly more dependent than India on external trade and investment. Policymakers should factor in terms of trade effects while designing or evaluating carbon pricing policies in the two countries.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 63, June 2017, Pages 60-74
نویسندگان
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