Using a computable general equilibrium, this paper quantifies the GDP and employment effects of an illustrative greenhouse gas emissions reduction policy.
E3-Modelling (E3M) is a knowledge-based company created as a spin-off of modelling and economic research performed over many years in E3MLab.
The concept of “green growth” can be fruitfully connected to concepts and theories in neoclassical economics including market externalities, Ricardian and Hotelling rents, and policies that would correct externalities such as Pigovian taxes or a cap and trade system set to achieve emissions reduc
This report provides an analysis of how climate change damages may affect international trade in the coming decades and how international trade can help limit the costs of climate change.