Between- and within-country distributional impacts from harmonizing carbon prices in the EU

doi:10.1016/j.eneco.2021.105585

GSTDTAP > 资源环境科学

DOI	10.1016/j.eneco.2021.105585
	Between- and within-country distributional impacts from harmonizing carbon prices in the EU
	Florian Landis, Gustav Fredriksson and Sebastian Rausch
	2021
出版年	2021
国家	瑞士
领域	资源环境
英文摘要	This paper examines the distributional impacts from (i) harmonizing prices for carbon dioxide emissions across sectors and EU countries and (ii) using alternative rules for carbon revenue distribution. We develop a numerical multi-country multi-sector general equilibrium model of the EU-27 economy which resolves household income deciles, based on micro-survey data on expenditure and income, and markets for fossil fuels, electricity, and (EU-wide and national) tradeable emissions rights. We find that carbon price harmonization yields efficiency gains at the EU level. The distributional effects between countries vary and depend largely on the redistribution of carbon revenues. Based on the rules currently in place in Phase IV of the EU ETS, efficiency gains flow disproportionately to low-income countries. Within-country incidence is progressive or neutral for most countries when revenue redistribution is ignored, and is not much affected by carbon price harmonization. Per-capita-based revenue redistribution rules lead to strong progressive outcomes and yield gains for low-income households. Evaluating different policy options using a social welfare function that incorporates inequality aversion suggests that there is no trade-off between efficiency and equity in harmonizing carbon prices in the EU economy.
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来源平台	Centre for Energy Policy and Economics
引用统计
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/342402
专题	资源环境科学
推荐引用方式 GB/T 7714	Florian Landis, Gustav Fredriksson and Sebastian Rausch. Between- and within-country distributional impacts from harmonizing carbon prices in the EU,2021.