Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67341
Authors: 
Weitzel, Matthias
Ghosh, Joydeep
Peterson, Sonja
Pradhan, Basanta K.
Year of Publication: 
2012
Series/Report no.: 
Kiel Working Paper 1810
Abstract: 
In order to reach the two degree target it is necessary to control CO2 emissions also in fast growing emerging economies such as India. The question is how the Indian economy would be affected by e.g. including the country into an international climate regime. Existing analyses with either a global model or a single country computable general equilibrium model miss important aspects such as distributional issues or international repercussions. By soft-linking models of these two classes, we provide a more detailed view on these issues. In particular, we analyze different options of transferring revenues from domestic carbon taxes and international transfers to different household types and how different assumptions on exchange rates affect transfer payments. We also show effects stemming from international price repercussions. Our analysis focusses on how these transmission channels affect welfare of nine different household types.
Subjects: 
Computable General Equilibrium Model
International Climate Policy
India
JEL: 
C68
O53
Q54
Q56
Document Type: 
Working Paper

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