Replication data for: The Strategic Value of Carbon Tariffs
Principal Investigator(s): View help for Principal Investigator(s) Christoph Böhringer; Jared C. Carbone; Thomas F. Rutherford
Version: View help for Version V1
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| boehringer_carbone_rutherford_AEJ_policy_model_files | 10/13/2019 02:56:AM | ||
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text/plain | 14.6 KB | 10/12/2019 10:56:PM |
Project Citation:
Böhringer, Christoph, Carbone, Jared C., and Rutherford, Thomas F. Replication data for: The Strategic Value of Carbon Tariffs. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114588V1
Project Description
Summary:
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We ask whether the threat of carbon tariffs might lower the cost of reductions in world carbon emissions by inducing unregulated regions to adopt emission controls. We use a numerical model to generate payoffs of a game in which a coalition regulates emissions and chooses whether to employ carbon tariffs against unregulated regions. Unregulated regions respond by abating, retaliating, or ignoring the tariffs. In the Nash equilibrium, the use of tariffs is a credible and effective threat. It induces cooperation from noncoalition regions that lowers the cost of global abatement substantially relative to the case where the coalition acts alone. (JEL D58, F13, F18, H23, Q54, Q58)
Scope of Project
JEL Classification:
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D58 Computable and Other Applied General Equilibrium Models
F13 Trade Policy; International Trade Organizations
F18 Trade and Environment
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q58 Environmental Economics: Government Policy
D58 Computable and Other Applied General Equilibrium Models
F13 Trade Policy; International Trade Organizations
F18 Trade and Environment
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q58 Environmental Economics: Government Policy
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