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dc.contributor.authorBöhringer, Christoph
dc.contributor.authorFischer, Carolyn
dc.contributor.authorRosendahl, Knut Einar
dc.date.accessioned2010-11-16T10:29:02Z
dc.date.available2010-11-16T10:29:02Z
dc.date.issued2010
dc.identifier.issn0809-733X
dc.identifier.urihttp://hdl.handle.net/11250/179901
dc.descriptionThe article is later published in: The B.E. Journal of Economic Analysis & Policy: Vol. 10: Iss. 2, Article 13, DOI: 10.2202/1935-1682.2583en_US
dc.description.abstractIndividual countries are in the process of legislating responses to the challenges posed by climate change. The prospect of rising carbon prices raises concerns in these nations about the effects on the competitiveness of their own energy-intensive industries and the potential for carbon leakage, particularly leakage to emerging economies that lack comparable regulation. In response, certain developed countries are proposing controversial trade-related measures and allowance allocation designs to complement their climate policies. Missing from much of the debate on trade-related measures is a broader understanding of how climate policies implemented unilaterally (or subglobally) affect all countries in the global trading system. Arguably, the largest impacts are from the targeted carbon pricing itself, which generates macroeconomic effects, terms-of-trade changes, and shifts in global energy demand and prices; it also changes the relative prices of certain energy-intensive goods. This paper studies how climate policies implemented in certain major economies (the European Union and the United States) affect the global distribution of economic and environmental outcomes, and how these outcomes may be altered by complementary policies aimed at addressing carbon leakage.en_US
dc.description.sponsorshipSupport from the Research Council of Norway (RENERGI) and from the Mistra Foundation’s ENTWINED Program is gratefully acknowledged.en_US
dc.language.isoengen_US
dc.publisherStatistics Norway, Research Departmenten_US
dc.relation.ispartofseriesDiscussion Papers;634
dc.subjectCap-and-tradeen_US
dc.subjectEmissions leakageen_US
dc.subjectBorder carbon adjustmentsen_US
dc.subjectOutput-based allocationen_US
dc.subjectGeneral equilibrium modelen_US
dc.subjectClimate changeen_US
dc.subjectClimate policyen_US
dc.subjectTaxationen_US
dc.subjectEnergyen_US
dc.subjectKlimaen_US
dc.subjectKlimaendringeren_US
dc.subjectUtslippen_US
dc.subjectCO2-avgifteren_US
dc.subjectPriseren_US
dc.subjectPolitikken_US
dc.subjectKlimapolitikken_US
dc.subjectJEL classification: D61en_US
dc.subjectJEL classification: H2en_US
dc.subjectJEL classification: Q2en_US
dc.subjectJEL classification: Q43en_US
dc.titleThe Global Effects of Subglobal Climate Policiesen_US
dc.typeWorking paperen_US
dc.source.pagenumber34en_US


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