000 01327cam a2200181 4500500
005 20250121113938.0
041 _afre
042 _adc
100 1 0 _aExbrayat, Nelly
_eauthor
700 1 0 _a Gaigné, Carl
_eauthor
700 1 0 _a Riou, Stéphane
_eauthor
245 0 0 _aGlobal Carbon Tax, Home Market Effect and Firm Mobility
260 _c2013.
500 _a79
520 _aWe analyze the impact and the determinants of a global carbon tax maximizing social welfare in an imperfectly integrated economy. Using a model of trade and location with two countries with different population size, we first show that agglomeration of firms in the larger country raises total CO2 emissions. Nevertheless, the introduction of a global carbon tax induces a partial relocation of firms from the larger to the smaller country. Thus, even though the carbon tax is identical in both countries, environmental taxation is not neutral for the location of economic activity. Finally, this partial relocation of firms to the smaller country improves the ability of the carbon tax to reduce total CO2 emissions.Classification JEL:F12, F15, F18, Q28
786 0 _nRevue économique | 64 | 2 | 2013-02-22 | p. 265-278 | 0035-2764
856 4 1 _uhttps://shs.cairn.info/journal-revue-economique-2013-2-page-265?lang=en&redirect-ssocas=7080
999 _c546117
_d546117