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The Impact Of A Carbon Tax Over The Brazilian Economy In 2030 -Imaclim: The Hybrid Cge Model Approach

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  • William Wills

    (COPPE-UFRJ - Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa de Engenharia - UFRJ - Universidade Federal do Rio de Janeiro [Brasil] = Federal University of Rio de Janeiro [Brazil] = Université fédérale de Rio de Janeiro [Brésil])

  • Julien Lefèvre

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper analyses the impact of a carbon tax over the Brazilian economy. To assess the consequences of this climate policy the model IMACLIM-S BR was developed by the authors using a hybrid input-output matrix with base year 2005. The model is also innovative due to the integration of bottom-up, expert information, into a CGE framework. This methodology can be an interesting option to assess climate change policies specially if compared to CGE models using CES-like functions because it can simulate very high carbon prices which means large departures from the reference case. Results from the model show that the way that the carbon tax revenues is used by the government strongly influences the growth of the economy as well as GHG emissions, unemployment rate and the total debt of the government.

Suggested Citation

  • William Wills & Julien Lefèvre, 2012. "The Impact Of A Carbon Tax Over The Brazilian Economy In 2030 -Imaclim: The Hybrid Cge Model Approach," Post-Print hal-01685994, HAL.
  • Handle: RePEc:hal:journl:hal-01685994
    Note: View the original document on HAL open archive server: https://hal.science/hal-01685994
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    References listed on IDEAS

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    1. Shukla, P. R., 1995. "Greenhouse gas models and abatement costs for developing nations : A critical assessment," Energy Policy, Elsevier, vol. 23(8), pages 677-687, August.
    2. Costa, Ricardo Cunha da, 2001. "Do model structures affect findings? Two energy consumption and CO2 emission scenarios for Brazil in 2010," Energy Policy, Elsevier, vol. 29(10), pages 777-785, August.
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    Cited by:

    1. Diniz Oliveira, Thais & Costa Gurgel, Angelo & Tonry, Steve, 2019. "International market mechanisms under the Paris Agreement: A cooperation between Brazil and Europe," Energy Policy, Elsevier, vol. 129(C), pages 397-409.
    2. Luan Santos & Rafael Garaffa & André F. P. Lucena & Alexandre Szklo, 2018. "Impacts of Carbon Pricing on Brazilian Industry: Domestic Vulnerability and International Trade Exposure," Sustainability, MDPI, vol. 10(7), pages 1-19, July.

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