Macroeconomic and sectoral impacts of carbon taxation

摘要: It is now commonly recognized that a carbon tax one of the most effective and economically efficient policy instruments to reduce dioxide (CO2) emissions. If cost effective, however, taxes might impose widely distributed economic burdens among industrial sectors or firms, particularly when factor mobilities are imperfect in short run, since high performance could be hindered by serious implementation polluter pays principle. We examine compare trade off relationship between expected macroeconomic costs sectoral impacts simplified general equilibrium framework. Attempts also made evaluate government subsidy (financed revenues) investments new energy-efficient technologies as complementary mitigation taxation.