| ID | 144819 |
| Title Proper | Economy-wide impact of a uniform carbon tax in ASEAN |
| Language | ENG |
| Author | Resosudarmo, Budy P ; Nurdianto, Ditya A |
| Summary / Abstract (Note) | The main goal of this study is to analyse the benefits and losses associated with cooperation among ASEAN members in mitigating their CO2 emissions, particularly by implementing a uniform carbon tax across ASEAN. To achieve this goal, this paper uses a multi-country computable generals equilibrium model for ASEAN, known as the Inter-Regional System of Analysis for ASEAN model. This study finds that the implementation of a carbon tax scenario is an effective means of reducing carbon emissions in the region. However, this environmental gain could come at a cost in terms of GDP contraction and reduction in social welfare, i.e. household income. Nevertheless, Indonesia and Malaysia can potentially gain from the implementation of a carbon tax as it counteracts price distortions due to the existence of heavy energy subsidies in these two countries. |
| `In' analytical Note | Journal of Southeast Asian Economies Vol. 33, No.1; Apr 2016: p.1-22 |
| Journal Source | Journal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) 2016-01 33, 1 |
| Key Words | ASEAN ; Climate Change ; Computable General Equilibrium Model ; Carbon Tax |