Global Warming Policy and the Pennsylvania Economy: A Computable General Equilibrium Analysis

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Title:	Global Warming Policy and the Pennsylvania Economy: A Computable General Equilibrium Analysis
Other Titles:	全球溫室效應及賓州經濟 : 可計算的一般均衡分析
Authors:	李秉正;Li, Ping-cheng;Rose, Adam
Contributors:	淡江大學產業經濟學系
Keywords:	Computable general equilibrium models;regional impacts;energy;Pennsylvania
Date:	1995-09
Issue Date:	2009-11-30 17:54:32 (UTC+8)
Publisher:	Abingdon: Routledge
Abstract:	Most studies of the impacts of global warming policy have been performed at the national level. However, national averages obscure the fact that some regions may be affected much more than others. We formulated a regional computable general equilibrium model to analyze the impact of a carbon tax on the Pennsylvania economy. The model incorporates special features relating to labor mobility, trade and energy substitution for this purpose. Our results indicate significant negative overall impacts on the Pennsylvania economy, primarily because it is a major producer and user of fossil fuels, especially coal, and because it is highly industrialized. Sensitivity analyses on key parameters and model assumptions indicate that our results are robust.
Relation:	Economic systems research 7(2), pp.151-172
DOI:	10.1080/09535319500000018
Appears in Collections:	[Graduate Institute & Department of Industrial Economics] Journal Article

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