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dc.contributor.authorPethig, Rüdigeren_US
dc.contributor.authorWittlich, Christianen_US
dc.date.accessioned2009-08-19en_US
dc.date.accessioned2010-10-19T12:00:51Z-
dc.date.available2010-10-19T12:00:51Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/41090-
dc.description.abstractWe study the incidence of carbon-reduction and green-energy promotion policies in a general equilibrium small open economy that depends on imports of fossil fuels. The focus is on mixed policies that are either price based (emissions taxes and producer price subsidies for green energy) or quantity based (schemes of trading emissions and green certificates). Policy instruments directed head-on toward promoting green energy are shown to also reduce carbon emissions and vice versa but the direct effects are stronger than the side effects, the more so, the greater is the elasticity of substitution in consumption between energy and consumption goods. We calculate the effects of variations in individual policy parameters on all endogenous variables, among them the energy price and the welfare costs. We also determine the impact of exogenous fossil-fuel price shocks on the economy.en_US
dc.language.isoengen_US
dc.publisherUniv., Fachbereich Wirtschaftswiss., Wirtschaftsinformatik und Wirtschaftsrecht Siegenen_US
dc.relation.ispartofseriesVolkswirtschaftliche Diskussionsbeiträge // Universität Siegen, Fachbereich Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht 131en_US
dc.subject.jelQ42en_US
dc.subject.jelQ43en_US
dc.subject.jelQ48en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.keywordcarbon reductionen_US
dc.subject.keywordgreen energy promotionen_US
dc.subject.keywordpolicy mixen_US
dc.subject.keywordinteraction of policiesen_US
dc.subject.stwKlimaschutzen_US
dc.subject.stwFörderung regenerativer Energienen_US
dc.subject.stwPolicy-Mixen_US
dc.subject.stwUmweltökonomiken_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwSubstitutionseffekten_US
dc.subject.stwMineralölpreisschocken_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleInteraction of carbon reduction and green energy promotion in a small fossil-fuel importing economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn607324708en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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