Environmental policy on the back of an envelope: A Cobb-Douglas model is not just a teaching tool
Sign Up to like & getrecommendations! Published in 2019 at "Energy Economics"
DOI: 10.1016/j.eneco.2019.07.007
Abstract: Abstract To clarify and interpret the workings of a large computable general equilibrium (CGE) model of environmental policy, we build an aggregated Cobb-Douglas (CD) model that can be solved easily and analytically. Its closed-form expressions… read more here.
Keywords: environmental policy; cobb douglas; model; policy ... See more keywords
Comparing Applied General Equilibrium and Econometric Estimates of the Effect of an Environmental Policy Shock
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DOI: 10.1086/708734
Abstract: We compare the employment effect of the British Columbia carbon tax using two empirical methods: a reduced-form econometric model and counterfactual simulations conducted using an applied general equilibrium (CGE) model. The comparison allows us to… read more here.
Keywords: general equilibrium; cge model; applied general; econometric estimates ... See more keywords
The Pathway to China’s Carbon Neutrality Based on an Endogenous Technology CGE Model
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DOI: 10.3390/ijerph19106251
Abstract: Global warming resulting from greenhouse gas emissions has been a worldwide issue facing humanity. Simultaneously, governments have the challenging task of striking a judicious balance between increased economic growth and decreased carbon emissions. Based on… read more here.
Keywords: cge model; climate friendly; carbon; carbon neutrality ... See more keywords
Can Green Credit Policies Accelerate the Realization of the Dual Carbon Goal in China? Examination Based on an Endogenous Financial CGE Model
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DOI: 10.3390/ijerph20054508
Abstract: Green credit is an indispensable funding source through which China can achieve its carbon neutrality goal. This paper quantifies the influences of different green credit scales on energy structures, carbon reduction, the industrial economy, and… read more here.
Keywords: credit; green credit; cge model; dual carbon ... See more keywords