Global adjustment to US disengagement from the world trading system
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 41, Heft 3, S. 522-536
ISSN: 0161-8938
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In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 41, Heft 3, S. 522-536
ISSN: 0161-8938
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 40, Heft 3, S. 614-635
ISSN: 0161-8938
In: JEPO-D-22-00930
SSRN
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 36, Heft 2, S. 210-234
ISSN: 0305-750X
World Affairs Online
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 36, Heft 2, S. 210-234
In: The journal of policy reform, Band 3, Heft 1, S. 1-28
ISSN: 1477-2736
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 25, Heft 8, S. 777-794
ISSN: 0161-8938
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 25, Heft 8, S. 777-794
ISSN: 0161-8938
In: American Journal of Agricultural Economics, Band 84, Heft 3, S. 736-748
SSRN
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 29, Heft 8, S. 1307-1324
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 29, Heft 8, S. 1307-1324
ISSN: 0305-750X
World Affairs Online
In: Peterson Institute for International Economics Working Paper No. 22-14
SSRN
In: The B.E. journal of economic analysis & policy, Band 11, Heft 1
ISSN: 1935-1682
Abstract
Noting that developing countries may not have the administrative capacity to levy a "pure" carbon tax, we compare the impact of alternative energy taxes with that of a carbon tax in an economy with multiple distortions. We use a disaggregated computable general equilibrium (CGE) model of the South African economy and simulate a range of tax policies that reduce CO2 emissions by 15 percent. Consistent with a "first-best" economy, a carbon tax will have the lowest marginal cost of abatement. But the relationship between a tax on energy commodities and one on pollution-intensive commodities depends critically on other distortions in the system and on structural rigidities in the economy. We demonstrate that if South Africa were able to remove distortions in the labor market, the cost of carbon taxation would be negligible. We conclude that the welfare costs of taxing carbon emissions in developing countries depend more on other distortions than on the country's own carbon emissions.
In: The journal of development studies: JDS, Band 46, Heft 9, S. 1481-1502
ISSN: 0022-0388
World Affairs Online
After protracted and difficult negotiations, agreement was recently reached on the dimensions of a South African-EU free trade deal. Because of South Africa's prominence in the sub-region, implementation of this agreement will have an impact not only on South Africa, but on all the SADC economies. This paper traces how this impact may be felt over time, using a multi-region model constructed to focus on the determination of sectoral and geographic trade patterns. By separatelymodeling South Africa and the rest of southern Africa, the model can be used to evaluate how alternative SADC regional trade strategies can influence how the EU deal affects the region's economies; by distinguishing among major trading partners (EU, North America, East Asia), the simulations can help illuminate how the trade deal will likely affect current trade patterns The empirical results lead to a number of conclusions: (1) trade creation dominates trade diversion for the region under all FTA arrangements; (2) the rest of southern Africa benefits from an FTA between the EU and South Africa — the recently signed bilateral agreement is not a "beggar thy neighbor" policy; (3) the rest of southern Africa gains more from zero-tariff access to EU markets than from a partial (50 percent) reduction in global tariffs; and (4) the South African economy is not large enough to serve as a growth pole for the region. Access to EU markets provides substantially bigger gains for the rest of southern Africa than does access to South Africa. ; Non-PR ; IFPRI1; TMD
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