When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets
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This paper employs analytical and numerical general equilibrium models to assess the efficiency impacts of two policies to reduce U.S. carbon emissions -- a carbon tax and a carbon quota -- taking into account the inter- actions between these policies and pre-existing tax distortions in factor
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美国国家经济研究局创建时间：
1997-03-01
