Optimal climate policies in a dynamic multi-country equilibrium model

DOI10.1016/j.jet.2018.11.001zbMath1419.91547OpenAlexW2740363227WikidataQ114183102 ScholiaQ114183102MaRDI QIDQ1757544

Elmar Hillebrand, Marten Hillebrand

Publication date: 15 January 2019

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://download.uni-mainz.de/RePEc/pdf/Discussion_Paper_1704.pdf

zbMATH Keywords

climate changePareto improvementmulti-region dynamic general equilibrium modeloptimal climate taxoptimal transfer policy

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) General equilibrium theory (91B50) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Related Items (1)

Who pays the bill? Climate change, taxes, and transfers in a multi-region growth model

Cites Work

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• Robustness of a simple rule for the social cost of carbon
• Who should abate carbon emissions? An international viewpoint
• Independence of Allocative Efficiency from Distribution in the Theory of Public Goods
• WELFARE ECONOMICS AND EXISTENCE OF AN EQUILIBRIUM FOR A COMPETITIVE ECONOMY
• Optimal Dynamic Carbon Taxes in a Climate–Economy Model with Distortionary Fiscal Policy
• Optimal Taxes on Fossil Fuel in General Equilibrium

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