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  • 标题:Energy pricing impact on domestic economy under recent climate action
  • 作者:Tomoyuki Sakamoto ; Shunsuke Managi
  • 期刊名称:Economic Analysis and Policy
  • 印刷版ISSN:0313-5926
  • 出版年度:2015
  • 卷号:48
  • 页码:150-162
  • DOI:10.1016/j.eap.2015.11.005
  • 出版社:Elsevier B.V.
  • 摘要:Abstract

    This article analyzes the adverse competitive effect of climate policy on domestic supply using industry-level data from forty countries. In accordance with the theoretical literature, we define the competitive effect as the difference between the energy price elasticities of demand and supply; the magnitude of the competitive effect is captured by estimating the supply and demand functions. We find adverse competitive effects for certain country–industry pairs; however, these impacts are small. Additional simulation analysis shows potential for substitution between an imported product and a domestic good in less energy-intensive sectors. The results indicate the importance of considering industrial characteristics when formulating and implementing a climate policy.

    prs.rt("abs_end"); Corresponding author at: Urban Research Center, Department of Civil Engineering, School of Engineering, Kyushu University, 744 Motooka, Nishi-ku, Fukuoka 819-0395, Japan. Tel.: +81 92 802 3405.
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