| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15968 |
| DP15968 ACE - Analytic Climate Economy | |
| Christian Traeger | |
| 发表日期 | 2021-03-26 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | The paper discusses optimal carbon taxation in an analytic quantitative integrated assessment model (IAM). The model links IAM components and parametric assumptions directly to their policy impacts. The paper discusses the distinct tax impact of carbon versus temperature dynamics and uses the see-through model to illustrate various aspects of IAM calibrations including the differentiation between consumption and investments goods. Novel to analytic IAMs are the explicit temperature dynamics, a general economy, energy sectors including capital, various degrees of substitutability across energy sources, an approximation of capital persistence, and objective functions that include CES preferences and population weighting. ACE opens the door to tractable forward-looking stochastic modeling and dynamic strategic interactions in complex IAMs, explored in accompanying work. |
| 主题 | Research policy networks ; Climate Change |
| 关键词 | Climate change Integrated assessment Social cost of carbon Carbon tax Carbon cycle Temperature Climate sensitivity Technological progress Capital persistence Population weighting |
| URL | https://cepr.org/publications/dp15968 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544958 |
| 推荐引用方式 GB/T 7714 | Christian Traeger. DP15968 ACE - Analytic Climate Economy. 2021. |
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