Distributional impacts of carbon pricing: a general equilibrium approach with micro-data for households

Many policies to limit greenhouse gas emissions have at their core efforts to put a price on carbon emissions. Carbon pricing impacts households both by raising the cost of carbon intensive products and by changing factor prices. A complete analysis requires taking both effects into account. The imp...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Rausch, Sebastian (VerfasserIn) , Metcalf, Gilbert E. (VerfasserIn) , Reilly, John M. (VerfasserIn)
Dokumenttyp: Article (Journal)
Sprache:Englisch
Veröffentlicht: 12 August 2011
In: Energy economics
Year: 2011, Jahrgang: 33, Pages: S20-S33
ISSN:1873-6181
DOI:10.1016/j.eneco.2011.07.023
Online-Zugang:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.eneco.2011.07.023
Verlag, lizenzpflichtig, Volltext: https://www.sciencedirect.com/science/article/pii/S0140988311001538
Volltext
Verfasserangaben:Sebastian Rausch, Gilbert E. Metcalf, John M. Reilly

MARC

LEADER 00000caa a2200000 c 4500
001 184277333X
003 DE-627
005 20230710094107.0
007 cr uuu---uuuuu
008 230417s2011 xx |||||o 00| ||eng c
024 7 |a 10.1016/j.eneco.2011.07.023  |2 doi 
035 |a (DE-627)184277333X 
035 |a (DE-599)KXP184277333X 
035 |a (OCoLC)1389738157 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 17  |2 sdnb 
100 1 |a Rausch, Sebastian  |d 1978-  |e VerfasserIn  |0 (DE-588)1049760638  |0 (DE-627)782595219  |0 (DE-576)403744539  |4 aut 
245 1 0 |a Distributional impacts of carbon pricing  |b a general equilibrium approach with micro-data for households  |c Sebastian Rausch, Gilbert E. Metcalf, John M. Reilly 
264 1 |c 12 August 2011 
300 |a 14 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
500 |a Gesehen am 17.04.2023 
520 |a Many policies to limit greenhouse gas emissions have at their core efforts to put a price on carbon emissions. Carbon pricing impacts households both by raising the cost of carbon intensive products and by changing factor prices. A complete analysis requires taking both effects into account. The impact of carbon pricing is determined by heterogeneity in household spending patterns across income groups as well as heterogeneity in factor income patterns across income groups. It is also affected by precise formulation of the policy (how is the revenue from carbon pricing distributed) as well as the treatment of other government policies (e.g. the treatment of transfer payments). What is often neglected in analyses of policy is the heterogeneity of impacts across households even within income or regional groups. In this paper, we incorporate 15,588 households from the U.S. Consumer and Expenditure Survey data as individual agents in a comparative-static general equilibrium framework. These households are represented within the MIT USREP model, a detailed general equilibrium model of the U.S. economy. In particular, we categorize households by full household income (factor income as well as transfer income) and apply various measures of lifetime income to distinguish households that are temporarily low-income (e.g., retired households drawing down their financial assets) from permanently low-income households. We also provide detailed within-group distributional measures of burden impacts from various policy scenarios. 
650 4 |a Carbon pricing 
650 4 |a Distributional effects 
650 4 |a General equilibrium 
650 4 |a Micro-simulation 
700 1 |a Metcalf, Gilbert E.  |e VerfasserIn  |0 (DE-588)124086152  |0 (DE-627)085628581  |0 (DE-576)165891319  |4 aut 
700 1 |a Reilly, John M.  |d 1955-  |e VerfasserIn  |0 (DE-588)124455514  |0 (DE-627)363360344  |0 (DE-576)294180060  |4 aut 
773 0 8 |i Enthalten in  |t Energy economics  |d Amsterdam [u.a.] : Elsevier Science, 1979  |g 33(2011), Seite S20-S33  |h Online-Ressource  |w (DE-627)320407675  |w (DE-600)2000893-4  |w (DE-576)259271071  |x 1873-6181  |7 nnas  |a Distributional impacts of carbon pricing a general equilibrium approach with micro-data for households 
773 1 8 |g volume:33  |g year:2011  |g pages:S20-S33  |g extent:14  |a Distributional impacts of carbon pricing a general equilibrium approach with micro-data for households 
856 4 0 |u https://doi.org/10.1016/j.eneco.2011.07.023  |x Verlag  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
856 4 0 |u https://www.sciencedirect.com/science/article/pii/S0140988311001538  |x Verlag  |z lizenzpflichtig  |3 Volltext 
951 |a AR 
992 |a 20230417 
993 |a Article 
994 |a 2011 
998 |g 1049760638  |a Rausch, Sebastian  |m 1049760638:Rausch, Sebastian  |p 1  |x j 
999 |a KXP-PPN184277333X  |e 4309088023 
BIB |a Y 
SER |a journal 
JSO |a {"id":{"eki":["184277333X"],"doi":["10.1016/j.eneco.2011.07.023"]},"recId":"184277333X","name":{"displayForm":["Sebastian Rausch, Gilbert E. Metcalf, John M. Reilly"]},"language":["eng"],"type":{"bibl":"article-journal","media":"Online-Ressource"},"physDesc":[{"extent":"14 S."}],"relHost":[{"recId":"320407675","pubHistory":["1.1979 - 34.2012; Vol. 35.2013 -"],"id":{"zdb":["2000893-4"],"issn":["1873-6181"],"eki":["320407675"]},"note":["Gesehen am 11.01.2021"],"origin":[{"dateIssuedDisp":"1979-","publisher":"Elsevier Science","publisherPlace":"Amsterdam [u.a.]","dateIssuedKey":"1979"}],"physDesc":[{"extent":"Online-Ressource"}],"disp":"Distributional impacts of carbon pricing a general equilibrium approach with micro-data for householdsEnergy economics","type":{"media":"Online-Ressource","bibl":"periodical"},"language":["eng"],"title":[{"title_sort":"Energy economics","title":"Energy economics"}],"part":{"extent":"14","volume":"33","year":"2011","text":"33(2011), Seite S20-S33","pages":"S20-S33"}}],"title":[{"title":"Distributional impacts of carbon pricing","title_sort":"Distributional impacts of carbon pricing","subtitle":"a general equilibrium approach with micro-data for households"}],"person":[{"role":"aut","display":"Rausch, Sebastian","family":"Rausch","given":"Sebastian"},{"role":"aut","display":"Metcalf, Gilbert E.","given":"Gilbert E.","family":"Metcalf"},{"family":"Reilly","given":"John M.","role":"aut","display":"Reilly, John M."}],"origin":[{"dateIssuedKey":"2011","dateIssuedDisp":"12 August 2011"}],"note":["Gesehen am 17.04.2023"]} 
SRT |a RAUSCHSEBADISTRIBUTI1220