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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26629 |
来源ID | Working Paper 26629 |
How Does State-Level Carbon Pricing in the United States Affect Industrial Competitiveness? | |
Brendan J. Casey; Wayne B. Gray; Joshua Linn; Richard Morgenstern | |
发表日期 | 2020-01-13 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Pricing carbon emissions from a jurisdiction could harm the competitiveness of local firms, causing the leakage of emissions and economic activity to other regions. Past research concentrated on national carbon prices, but the impacts of subnational carbon prices could be more severe due to the openness of regional economies. Focusing on subnational carbon pricing in the United States, we specify a flexible model to capture competition between a plant in a state with carbon pricing and plants in other states or countries. We estimate model parameters using confidential plant-level data from 1982–2011 and simulate the effects of regional carbon prices covering the Northeast and Mid-Atlantic (regions that currently cap carbon emissions from the electric sector) on manufacturing output, employment, and profits. Importantly, we model industry mix within a state or region, not simply energy price differences. A carbon price of $10 per metric ton reduces employment in the regulated region by 2.7 percent, and raises employment in nearby states by 0.8 percent; the effects on output and profits are broadly similar. National employment falls just 0.1 percent, suggesting that domestic plants in other states as opposed to foreign facilities are the principal winners from state or regional carbon pricing. |
主题 | Environmental and Resource Economics ; Energy ; Environment |
URL | https://www.nber.org/papers/w26629 |
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/584303 |
推荐引用方式 GB/T 7714 | Brendan J. Casey,Wayne B. Gray,Joshua Linn,et al. How Does State-Level Carbon Pricing in the United States Affect Industrial Competitiveness?. 2020. |
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 | ||
w26629.pdf(1453KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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