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GTAP Resource #818

"Application of CGE Modelling to Analysis of Environmental Measures in APEC"
by Ban, Kanemi

We study the impact of introducing carbon taxes and technological innovations on the economy. The idea of imposing carbon tax has been advocated in recent years. The problem is that CO2 emissions are a global externality, but a carbon tax is levied by individual country. OECD countries have agreed that some sort of limit should be placed on CO2 emissions, but have been reluctant to adopt a carbon tax. On the other hand, we have another policy option. Energy efficiency in developing countries is relatively lower than that of developed countries. The choice of technologies for energy usage reflects a long line of decision-makings, which was governed by price structure or institutional barriers. According to the estimates, energy usage in most APEC countries is relatively inefficient as compared with the world average. Especially energy usage in Former USSR and China are tremendously inefficient. In the paper, we illustrate that technological innovation is likely to be another key element for reducing CO2 emissions.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Published
By/In: in I. Yamazawa ed., Asia Pacific Economic Cooperation (APEC): Challenges and tasks for the twenty-first century, Routlegde, London, pp.280-297
Date: 2001
Created: (9/7/2001)
Updated: Ban, K. (8/28/2007)
Visits: 2,019
No keywords have been specified.

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