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hal.structure.identifierCentre d'Etudes Prospectives et d'Informations Internationales [CEPII]
dc.contributor.authorFouré, Jean*
hal.structure.identifierCentre d'Etudes Prospectives et d'Informations Internationales [CEPII]
dc.contributor.authorGuimbard, Houssein*
hal.structure.identifierLaboratoire d'Economie de Dauphine [LEDa]
dc.contributor.authorMonjon, Stéphanie*
dc.date.accessioned2014-04-01T10:43:07Z
dc.date.available2014-04-01T10:43:07Z
dc.date.issued2016
dc.identifier.issn0140-9883
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/13008
dc.language.isoenen
dc.subjectEmission trading scheme
dc.subjectBorder carbon adjustment
dc.subjectTrade retaliation
dc.subjectD58
dc.subjectF18
dc.subjectQ56
dc.subject.ddc333en
dc.subject.classificationjelD.D5.D58en
dc.subject.classificationjelF.F1.F18en
dc.subject.classificationjelQ.Q5.Q56en
dc.titleBorder Carbon Ajustment in Europe and Trade Retaliation: What would be the Cost for European Union?
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenUnilateral climate policy, such as carbon pricing, represents an additional cost to the economy, especially to energy-intensive industrial sectors, as well as those exposed to international competition. A border carbon adjustment (BCA) is often presented as an attractive policy option for countries that wish to go ahead without waiting for a global climate agreement. We used the computable general equilibrium model MIRAGE to simulate the impact of the introduction of a BCA on imports of energy-intensive products in EU and EFTA countries and to evaluate the exports their main trade partners would lose. Given that a BCA is a trade measure, it might cause disputes at the World Trade Organization (WTO). If the BCA is considered illegal, the losses suffered by some partners may justify trade retaliations. At that point, it would be likely that prohibitive retaliatory tariffs target sensitive products in the EU, which are often related to the European agricultural sector. These trade measures would limit the drop in production in the energy-intensive and trade-exposed (EITE) sectors, but at the expense of the other sectors. Nevertheless, neither the BCA nor retaliation would have sizeable impacts on real income or GDP in the EU or on the retaliators, while leading to a small decrease in global emissions.
dc.publisher.cityParisen
dc.relation.isversionofjnlnameEnergy Economics
dc.relation.isversionofjnlvol54
dc.relation.isversionofjnldate2016
dc.relation.isversionofjnlpages349–362
dc.relation.isversionofdoihttps://doi.org/10.1016/j.eneco.2015.11.021
dc.relation.isversionofjnlpublisherIPC Science and Technology Press
dc.subject.ddclabelEconomie de la terre et des ressources naturellesen
dc.description.submittednonen
dc.description.ssrncandidatenon
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
dc.relation.Isversionofjnlpeerreviewednon
dc.date.updated2019-08-30T08:49:19Z
hal.identifierhal-01291370*
hal.version1*
hal.update.actionupdateMetadata*
hal.update.actionupdateFiles*
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