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Coordinating climate and trade policies : Pareto efficiency and the role of border tax adjustments /

This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distribut...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Keen, Michael
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Otros Autores: Kotsogiannis, Christos
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2012.
Colección:IMF working paper ; WP/12/289.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional concerns that can make non-uniform carbon pricing efficient and, more particularly, that Pareto-efficiency requires a form of BTA when carbon taxes in some countries are constrained, a special case being identified in which this has the simple structure envisaged in practical policy discussions. It also stresses--a point that has been overlooked in the policy debate--that the efficiency case for BTA depends critically on whether climate policies are pursued by carbon taxation or by cap-and-trade.
Notas:Title from PDF title page (IMF Web site, viewed Dec. 18, 2012).
"Fiscal Affairs Department."
"December 2012."
Descripción Física:1 online resource (26 pages).
Bibliografía:Includes bibliographical references.
ISBN:1475560362
9781475560367
1475514859
9781475514858
1475520468
9781475520460