Amazon cover image
Image from Amazon.com

Coordinating climate and trade policies [electronic resource] : Pareto efficiency and the role of border tax adjustments / prepared by Michael Keen and Christos Kotsogiannis.

By: Contributor(s): Material type: TextTextSeries: IMF working paper ; WP/12/289.Publication details: [Washington, D.C.] : International Monetary Fund, ©2012.Description: 1 online resource (26 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 1475560362
  • 9781475560367
Subject(s): Genre/Form: DDC classification:
  • 338.9/27 23
LOC classification:
  • HG3881.5.I58 W67 No. 12/289eb
Online resources: Summary: This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional concerns that can make non-uniform carbon pricing efficient and, more particularly, 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 discussions. It also stresses--a point that has been overlooked in the policy debate--that the efficiency case for BTA depends critically on whether climate policies are pursued by carbon taxation or by cap-and-trade.
Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
eBook eBook e-Library EBSCO Business Available
Total holds: 0

Title from PDF title page (IMF Web site, viewed Dec. 18, 2012).

This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional concerns that can make non-uniform carbon pricing efficient and, more particularly, 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 discussions. It also stresses--a point that has been overlooked in the policy debate--that the efficiency case for BTA depends critically on whether climate policies are pursued by carbon taxation or by cap-and-trade.

Includes bibliographical references.

"Fiscal Affairs Department."

"December 2012."

Master record variable field(s) change: 072, 082

Powered by Koha