The Regional Impacts of U.S. Climate Change Policy A General Equilibrium Analysis
نویسندگان
چکیده
This paper investigates the impacts at the state and regional levels of policies to limit U.S. carbon dioxide (CO2) emissions. It constructs an interregional computable general equilibrium model which divides the U.S. economy into ten industries and 50 states, and simulates the effects of economywide CO2 emission taxes. The results elucidate the sources and consequences of the incidence of abatement costs, as well as the implications of alternative rules for recycling emission tax revenue for the interregional distribution of the economic burden of national climate policies.
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