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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Capital Malleability and the Macroeconomic Costs of Climate Policy | |
Elisa Lanzi; Ian Sue Wing | |
发表日期 | 2010 |
出处 | Climate Change and Sustainable Development |
出版年 | 2010 |
语种 | 英语 |
摘要 | This paper argues for introducing the role of capital malleability into the analysis of environmental policies. The issue is explored by means of a theoretical model, a numerical analysis and a computable general equilibrium (CGE) model. Considering the three approaches together is fundamental in obtaining theory-compatible policy-relevant results. The model outcomes reveal differences between results under separate assumptions regarding the malleability of capital. When capital is imperfectly malleable a carbon policy is less effective than under the assumption of perfect malleability of capital. Therefore, it is important that, especially for the analysis of short-term environmental regulations, the issue of capital malleability is taken into consideration. *** Suggested citation: Elisa Lanzi, Ian Sue Wing, Capital Malleability, Emission Leakage and the Cost of Partial Climate Policies: General Equilibrium Analysis of the European Union Emission Trading System, Environmental and Resource Economics June 2013, Volume 55, Issue 2, pp 257-289, http://rd.springer.com/article/10.1007%2Fs10640-012-9625-8 |
特色分类 | C68;D58;H22;Q43 |
关键词 | General Equilibrium CGE Models Climate Change Policy |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/capital-malleability-and-the-macroeconomic-costs-of-climate-policy/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117791 |
推荐引用方式 GB/T 7714 | Elisa Lanzi,Ian Sue Wing. Capital Malleability and the Macroeconomic Costs of Climate Policy. 2010. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20102161828351Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20102161828584NDL201(412KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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