GTAP Resources: Resource Display
| GTAP Resource #2596 |
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"Can Climate Change Mitigation Policy Benefit the Israeli Economy? A Computable General Equilibrium Analysis" by Palatnik, Ruslana Rachel and Mordechai Shechter Abstract Although Israel was not included in the list of the obligated by Kyoto Protocol countries, it should consider the economic implications of participating in the GHG emission reduction effort, as such a commitment becomes highly feasible following the Bali roadmap. This study aimed to quantify the economy-wide consequences for Israel of meeting the targets of the Kyoto Protocol, employing a Computable General Equilibrium (CGE) model of the Israeli economy. Initially, to this end, we constructed a social accounting matrix (SAM) to serve as a benchmark by combining physical energy and emission data and economic data from various sources. The efficacy of decentralized economic incentives for CO2 emission reduction, such as carbon taxes on emissions and auctioned emission permits, was assessed in terms of their impact on economic welfare. The analysis indicate that a double dividend may be an achievable goal under a CO2 emission reduction policy in the case of economies such as Israel. The CGE approach applied in this research is adopted for the first time to the Israeli economy and should contribute to better informed debate on environmental policy in Israel. |
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- Climate change policy - Calibration and parameter estimation - Middle East |
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Public Access  GTAP Resource 2596 (242.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
