Arbeitspapier

Climate change mitigation policies: Aggregate and distributional effects

We evaluate the aggregate and distributional effects of climate change mitigation policies using a multi-sector equilibrium model with intersectoral input-output linkages and worker heterogeneity calibrated to different countries. The introduction of carbon taxes leads to changes in relative prices and inputs reallocation, including labor. For the United States, reaching its original Paris Agreement pledge would imply at most a 0.8% drop in output. This impact is distributed asymmetrically across sectors and individuals. Workers with a comparative advantage in dirty energy sectors who do not reallocate suffer a welfare loss at least six times larger than workers in other sectors, but constitute less than 2% of the US labor force.

Sprache
Englisch

Erschienen in
Series: IDB Working Paper Series ; No. IDB-WP-1387

Klassifikation
Wirtschaft
General Aggregative Models: Neoclassical
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
Climate change
Carbon taxes
Worker heterogeneity
Labor reallocation

Ereignis
Geistige Schöpfung
(wer)
Cavalcanti, Tiago
Hasna, Zeina
Santos, Cézar
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank (IDB)
(wo)
Washington, DC
(wann)
2022

DOI
doi:10.18235/0004535
Letzte Aktualisierung
2025-03-10T11:45:25+0100

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cavalcanti, Tiago
  • Hasna, Zeina
  • Santos, Cézar
  • Inter-American Development Bank (IDB)

Entstanden

  • 2022

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