期刊
SCANDINAVIAN JOURNAL OF ECONOMICS
卷 121, 期 1, 页码 379-406出版社
WILEY
DOI: 10.1111/sjoe.12277
关键词
Carbon leakage; climate coalition; demand-side climate policy; green paradox; supply-side climate policy
类别
资金
- Norwegian Research Council
We consider a climate coalition that seeks to reduce global emissions in the presence of carbon leakage and resource exhaustibility. We show that a credible announcement of future unilateral supply-side policies delays foreign emissions, and we derive the optimal combination of consumer taxes and producer taxes when we consider leakages from free riders, both within periods and across periods. The tax shares generally differ over time. A decline in the present value of the social cost of carbon over time supports a time path where the consumers' tax share of the total carbon tax also declines over time. We illustrate our findings with a numerical model.
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