An Analysis of the Macro-Economic Costs of Various CO2 Emission Control Policies in Japan
Noriyuki Goto and
The Energy Journal, 1993, vol. Volume 14, issue Number 1, 83-110
This study attempts quantitative and comparative analyses of the expected macro economic impacts of various carbon dioxide (CO2) emission control policies. The analytical tool is a long-term general equilibrium model that integrates the behaviors of competitive energy sectors with macro-economic activity. We find that, if the economy adjusts efficiently, the macro-economic costs incurred by CO2emission controls are not very large. For example, the cost is estimated to be less than 0.5% of GNP on average during the next .50 years to freeze the annual rate of CO2 emissions at the 1990's level. It is also shown that, among various types of control policies, the introduction of a carbon tax is the most effective method to achieve a proposed target.
JEL-codes: F0 (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to IAEE members and subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aen:journl:1993v14-01-a04
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in The Energy Journal from International Association for Energy Economics Contact information at EDIRC.
Bibliographic data for series maintained by David Williams ().