Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorKeen, Michaelen_US
dc.contributor.authorKotsogiannis, Christosen_US
dc.description.abstractThis paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing crosscountry distributional concerns that can make non-uniform carbon pricing efficient, and that Pareto-efficiency requires a form of BTA when carbon taxes in some countries are constrained, a special case being identified in which this has the simple structure envisaged in practical policy discussion. It also stresses - a point that has been overlooked in the policy debate - that the case for BTA depends critically on whether climate policies are pursued by carbon taxation or by cap-and-trade.en_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo working paper: Public Finance |x3494en_US
dc.subject.keywordenvironmental taxationen_US
dc.subject.keywordinternational tradeen_US
dc.subject.keywordPareto efficiencyen_US
dc.subject.keywordborder tax adjustmentsen_US
dc.titleCoordinating climate and trade policies: Pareto efficiency and the role of border tax adjustmentsen_US
dc.typeWorking Paperen_US

Files in This Item:
255.92 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.