September 27 2012

Venice, Italy: Distributional Effects of Carbon Pricing in Ireland

Stefano Verde from the European University Institute presents a CGE model developed combining two different versions of the GTAP model (GTAP-E and GTAP-MH), and enhanced with a number of features such as the presence of different renewables within the electricity sector. The model is then used to simulate the impact of a $20/tCO2 tax on the Irish economy, with a focus on distributional effects.

Fondazione Eni Enrico Mattei

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