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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16053 |
来源ID | Working Paper 16053 |
Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures | |
Sebastian Rausch; Gilbert E. Metcalf; John M. Reilly; Sergey Paltsev | |
发表日期 | 2010-06-03 |
出版年 | 2010 |
语种 | 英语 |
摘要 | We analyze the distributional and efficiency impacts of different allowance allocation schemes for a national cap and trade system using the USREP model, a new recursive dynamic computable general equilibrium model of the U.S. economy. We consider allocation schemes applied to a comprehensive national cap and trade system that limits cumulative greenhouse gas emissions over the control period to 203 billion metric tons. The policy target approximates national goals identified in pending legislation. We find that the allocation schemes in all proposals are progressive over the lower half of the income distribution and proportional in the upper half of the income distribution. We also find that carbon pricing by itself (ignoring the return of carbon revenues through allowance allocations) is proportional to modestly progressive. This striking result follows from the dominance of the sources over uses side impacts of the policy and stands in sharp contrast to previous work that has focused only on the uses side. Lower income households derive a large fraction of income from government transfers and, reflecting the reality that these are generally indexed to inflation, we hold the transfers constant in real terms. As a result this source of income is unaffected by carbon pricing, while wage and capital income is affected. |
主题 | Environmental and Resource Economics ; Energy ; Environment |
URL | https://www.nber.org/papers/w16053 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573728 |
推荐引用方式 GB/T 7714 | Sebastian Rausch,Gilbert E. Metcalf,John M. Reilly,et al. Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16053.pdf(1134KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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