Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Trade in the greenhouse: efficient policy in a global model
AU - Johnes, Geraint
PY - 2013
Y1 - 2013
N2 - A computable general equilibrium model of production and trade within and between rich and poor economies is developed in which the interaction between trade and environmental policies is analysed. The shape of iso-emissions curves, defined in tariff and emissions tax space, is evaluated both in the presence and in the absence of an environmental Kuznets curve. Gains in the income of developing countries are possible without compromising on emissions where there are inefficiencies in policy. However, where policy is efficient there may exist an important trade-off, evaluated and illustrated here, between emissions and developing country income.
AB - A computable general equilibrium model of production and trade within and between rich and poor economies is developed in which the interaction between trade and environmental policies is analysed. The shape of iso-emissions curves, defined in tariff and emissions tax space, is evaluated both in the presence and in the absence of an environmental Kuznets curve. Gains in the income of developing countries are possible without compromising on emissions where there are inefficiencies in policy. However, where policy is efficient there may exist an important trade-off, evaluated and illustrated here, between emissions and developing country income.
KW - sustainability
KW - trade
KW - environment
KW - Computable General Equilibrium
KW - Poverty-Environment Nexus
KW - economic growth
KW - environmental sustainability
KW - production
KW - modelling
KW - emissions tax
KW - sustainable development
KW - environmental Kuznets curve
KW - developing countries
KW - developing country income
KW - global economy
KW - taxation
KW - tariffs
U2 - 10.1504/IJSE.2013.050596
DO - 10.1504/IJSE.2013.050596
M3 - Journal article
VL - 5
SP - 1
EP - 14
JO - International Journal of Sustainable Economy
JF - International Journal of Sustainable Economy
SN - 1756-5804
IS - 1
ER -