Impacts of China Coal Import Tariff against US on Global Economy and CO2 Emissions
Mustika Septiyas Trisilia and
Tri Widodo ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper examines the impacts of China coal import tariff against US on global economy and CO2 emissions. Using Global Trade Analysis Project Environmental (GTAP-E) model, coal import tariff was found to generate trade deflection and trade depression phenomena. Then, US and China’s would have welfare loss, but Indonesia and Australia would seem gainers from this tariff war. Furthermore, skilled and unskilled labor will decline in coal’s industry in US and increase in China. Finally, it is also found evidence that China coal import tariff was not good policy because not only the global economy, the environment would be disadvantaged by increasing CO2.
Keywords: Import tariff; Coal; Carbon dioxide emissions; GTAP (search for similar items in EconPapers)
JEL-codes: F18 Q5 Q54 (search for similar items in EconPapers)
Date: 2019-01-04
New Economics Papers: this item is included in nep-cmp, nep-ene, nep-env, nep-int and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91231
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