Chapter 19
Emissions accounting and carbon tax incidence in CGE models: bottom-up versus top-down
Richard J. Goettle
1
, Mun S. Ho
2
, and Peter J. Wilcoxen
3
1
Northeastern University, Boston, MA, United States
2
Harvard-China Project on Energy, Economy, Environment, SEAS, Harvard University, Cambridge, MA, United States
3
Maxwell School of Citizenship and Public Affairs, Syracuse University, Syracuse, NY, United States
Abstract
Multisector general equilibrium models are the work-horses used to analyze the impact of carbon prices in climate policy discussions. Such models often have distinct industries to represent coal, liquid fuels, and gas production where the output over time is represented by quantity and price ...
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