Fiche du document
2016
- handle: 10670/1.2qjji2
- halshs: halshs-01256905
info:eu-repo/semantics/OpenAccess
Mots-clés
global carbon tax heterogeneous firms international trade firm location F - International Economics/F.F1 - Trade/F.F1.F12 - Models of Trade with Imperfect Competition and Scale Economies • Fragmentation F - International Economics/F.F1 - Trade/F.F1.F15 - Economic Integration F - International Economics/F.F1 - Trade/F.F1.F18 - Trade and Environment Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q2 - Renewable Resources and Conservation/Q.Q2.Q28 - Government PolicySujets proches
Carbon taxCiter ce document
Nelly Exbrayat et al., « Carbon tax, pollution and spatial location of heterogeneous firms », HAL-SHS : économie et finance, ID : 10670/1.2qjji2
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Résumé
This paper investigates the ability of a fully harmonized carbon tax to curb carbon emissions in a globalized economy characterized by an uneven spatial distribution of heterogeneous firms. The level of the carbon tax matters for the direction of the relocation and its impact on global emissions. When the carbon tax is low enough, emissions are reduced as firms relocate to the smaller country to pay lower taxes by reducing their output. If the carbon tax is too high, then firms react by relocating to the larger country to maintain their export activity, so that the most environmentally friendly spatial configurations can be removed.