General Equilibrium Impacts of a Federal Clean Energy Standard
Author
Abstract
Suggested Citation
Note: EEE PE
Download full text from publisher
Other versions of this item:
- Lawrence H. Goulder & Marc A. C. Hafstead & Roberton C. Williams III, 2016. "General Equilibrium Impacts of a Federal Clean Energy Standard," American Economic Journal: Economic Policy, American Economic Association, vol. 8(2), pages 186-218, May.
- Goulder, Lawrence H. & Hafstead, Marc A.C. & Williams, Roberton C., 2014. "General Equilibrium Impacts of a Federal Clean Energy Standard," RFF Working Paper Series dp-14-02, Resources for the Future.
References listed on IDEAS
- Fair, Ray C & Taylor, John B, 1983.
"Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models,"
Econometrica, Econometric Society, vol. 51(4), pages 1169-1185, July.
- Ray C. Fair & John B. Taylor, 1980. "Solution and Maximum Likelihood Estimation of Dynamic Nonlinear RationalExpectations Models," NBER Technical Working Papers 0005, National Bureau of Economic Research, Inc.
- Ray C. Fair & John B. Taylor, 1980. "Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models," Cowles Foundation Discussion Papers 564, Cowles Foundation for Research in Economics, Yale University.
- Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2009.
"Greenhouse Gas Reductions under Low Carbon Fuel Standards?,"
American Economic Journal: Economic Policy, American Economic Association, vol. 1(1), pages 106-146, February.
- Stephen P. Holland & Christopher R. Knittel & Jonathan E. Hughes, 2007. "Greenhouse Gas Reductions under Low Carbon Fuel Standards?," NBER Working Papers 13266, National Bureau of Economic Research, Inc.
- Lawrence H. Goulder & Ian W.H. Parry & Roberton C. Williams III & Dallas Burtraw, 2002.
"The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting,"
Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 27, pages 523-554,
Edward Elgar Publishing.
- Goulder, Lawrence H. & Parry, Ian W. H. & Williams III, Roberton C. & Burtraw, Dallas, 1999. "The cost-effectiveness of alternative instruments for environmental protection in a second-best setting," Journal of Public Economics, Elsevier, vol. 72(3), pages 329-360, June.
- Goulder, Lawrence H. & Parry, Ian W.H. & Williams, Roberton C., III & Burtraw, Dallas, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," Discussion Papers 10522, Resources for the Future.
- Burtraw, Dallas & Parry, Ian & Goulder, Lawrence & Williams III, Roberton, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," RFF Working Paper Series dp-98-22, Resources for the Future.
- Lawrence H. Goulder & Ian W. H. Parry & Roberton C. Williams III & Dallas Burtraw, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," NBER Working Papers 6464, National Bureau of Economic Research, Inc.
- Don Fullerton & Garth Heutel, 2010.
"The General Equilibrium Incidence of Environmental Mandates,"
American Economic Journal: Economic Policy, American Economic Association, vol. 2(3), pages 64-89, August.
- Don Fullerton & Garth Heutel, 2007. "The General Equilibrium Incidence of Environmental Mandates," NBER Working Papers 13645, National Bureau of Economic Research, Inc.
- Goulder, Lawrence H. & Hafstead, Marc A.C. & Dworsky, Michael, 2010.
"Impacts of alternative emissions allowance allocation methods under a federal cap-and-trade program,"
Journal of Environmental Economics and Management, Elsevier, vol. 60(3), pages 161-181, November.
- Michael Dworsky & Lawrence Goulder & Marc Hafstead, "undated". "Impacts of Alternative Emissions Allowance Allocation Methods Under a Federal Cap-and-Trade Program," Discussion Papers 08-048, Stanford Institute for Economic Policy Research.
- Lawrence H. Goulder & Marc A. C. Hafstead & Michael S. Dworsky, 2009. "Impacts of Alternative Emissions Allowance Allocation Methods under a Federal Cap-and-Trade Program," NBER Working Papers 15293, National Bureau of Economic Research, Inc.
- Holland, Stephen P & Knittel, Christopher R & Hughes, Jonathan E., 2008. "Greenhouse Gas Reductions under Low Carbon Fuel Standards?," Institute of Transportation Studies, Working Paper Series qt0177r7xp, Institute of Transportation Studies, UC Davis.
- Hall, Robert E, 1988.
"Intertemporal Substitution in Consumption,"
Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-357, April.
- Robert E. Hall, 1981. "Intertemporal Substitution in Consumption," NBER Working Papers 0720, National Bureau of Economic Research, Inc.
- Holland, Stephen P., 2012. "Emissions taxes versus intensity standards: Second-best environmental policies with incomplete regulation," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 375-387.
- Burtraw, Dallas & Fraas, Arthur G. & Richardson, Nathan, 2012. "Tradable Standards for Clean Air Act Carbon Policy," RFF Working Paper Series dp-12-05, Resources for the Future.
- Don Fullerton & Gilbert E. Metcalf, 2002.
"Environmental Controls, Scarcity Rents, and Pre-existing Distortions,"
Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 26, pages 504-522,
Edward Elgar Publishing.
- Fullerton, Don & Metcalf, Gilbert E., 2001. "Environmental controls, scarcity rents, and pre-existing distortions," Journal of Public Economics, Elsevier, vol. 80(2), pages 249-267, May.
- Don Fullerton & Gilbert Metcalf, 1997. "Environmental Controls, Scarcity Rents, and Pre-Existing Distortions," NBER Working Papers 6091, National Bureau of Economic Research, Inc.
- Don Fullerton & Gilbert E. Metcalf, 1997. "Environmental Controls, Scarcity Rents, and Pre-Existing Distortions," Discussion Papers Series, Department of Economics, Tufts University 9703, Department of Economics, Tufts University.
- Ian W.H. Parry & Wallace E. Oates & Ian W.H. Parry & Wallace E. Oates, 2004.
"Policy Analysis in the Presence of Distorting Taxes,"
Chapters, in: Environmental Policy and Fiscal Federalism, chapter 4, pages 67-77,
Edward Elgar Publishing.
- Ian W.H. Parry & Wallace E. Oates, 2000. "Policy analysis in the presence of distorting taxes," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(4), pages 603-613.
- Ian W.H. Parry & Wallace E. Oates, 2002. "Policy Analysis in the Presence of Distorting Taxes," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 1, pages 3-13, Edward Elgar Publishing.
- Derek Lemoine, 2017.
"Escape from Third-Best: Rating Emissions for Intensity Standards,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 789-821, August.
- Lemoine, Derek M., 2013. "Escape from Third-Best: Rating Emissions for Intensity Standards," 2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA 161656, Agricultural and Applied Economics Association.
- Lawrence Goulder, 1995. "Environmental taxation and the double dividend: A reader's guide," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 2(2), pages 157-183, August.
- Lawrance, Emily C, 1991. "Poverty and the Rate of Time Preference: Evidence from Panel Data," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 54-77, February.
- Holland, Stephen P. & Knittel, Christopher R & Hughes, Jonathan E., 2008. "Greenhouse Gas Reductions under Low Carbon Fuel Standards?," Institute of Transportation Studies, Working Paper Series qt9gh5b4rv, Institute of Transportation Studies, UC Davis.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Harrison Fell & Daniel Kaffine & Daniel Steinberg, 2017.
"Energy Efficiency and Emissions Intensity Standards,"
Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(S1), pages 201-226.
- Fell, Harrison & Kaffine, Daniel & Steinberg, Daniel, 2015. "Energy efficiency and emissions intensity standards," CEnREP Working Papers 340065, North Carolina State University, Department of Agricultural and Resource Economics.
- Harrison Fell & Daniel T. Kaffine & Daniel Steinberg, 2015. "Energy efficiency and emissions intensity standards," Working Papers 2015-09, Colorado School of Mines, Division of Economics and Business.
- Mazumder, Diya B., 2014. "Biofuel subsidies versus the gas tax: The carrot or the stick?," Energy Economics, Elsevier, vol. 44(C), pages 361-374.
- Böhringer, Christoph & Garcia-Muros, Xaquin & Gonzalez-Eguino, Mikel & Rey, Luis, 2017.
"US climate policy: A critical assessment of intensity standards,"
Energy Economics, Elsevier, vol. 68(S1), pages 125-135.
- Christoph Böhringer & Xaquín Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US Climate Policy: A Critical Assessment of Intensity Standards," ZenTra Working Papers in Transnational Studies 61 / 2015, ZenTra - Center for Transnational Studies, revised Nov 2015.
- Christoph Böhringer & Xaquin Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US climate policy: a critical assessment of intensity standards," Working Papers 2015-04, BC3.
- Christoph Böhringer & Xaquín Garcia-Muros & Mikel Gonzalez-Eguino & Luis Rey, 2015. "US Climate Policy: A Critical Assessment of Intensity Standards," Working Papers V-384-15, University of Oldenburg, Department of Economics, revised Jul 2015.
- Lade, Gabriel E. & Lin Lawell, C.-Y. Cynthia, 2015.
"The design and economics of low carbon fuel standards,"
Research in Transportation Economics, Elsevier, vol. 52(C), pages 91-99.
- Lade, Gabriel E. & Lawell, C.-Y. Cynthia Lin, 2015. "The Design and Economics of Low Carbon Fuel Standards," ISU General Staff Papers 201501010800001097, Iowa State University, Department of Economics.
- Becker, Jonathon M., 2023.
"Tradable performance standards in a dynamic context,"
Resource and Energy Economics, Elsevier, vol. 73(C).
- Jonathon M. Becker, 2020. "Tradable performance standards in a dynamic context," Working Papers 2020-03, Colorado School of Mines, Division of Economics and Business.
- Paolo Giorgio Garella & Maria Teresa Trentinaglia, 2019. "Carbon Tax, Emission Standards, and Carbon Leak Under Price Competition," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(4), pages 941-964, April.
- Hafstead, Marc A.C. & Williams, Roberton C., 2018.
"Unemployment and environmental regulation in general equilibrium,"
Journal of Public Economics, Elsevier, vol. 160(C), pages 50-65.
- Marc A. C. Hafstead & Roberton C. Williams III, 2016. "Unemployment and Environmental Regulation in General Equilibrium," NBER Working Papers 22269, National Bureau of Economic Research, Inc.
- Stephen P. Holland, 2009. "Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power," NBER Working Papers 15262, National Bureau of Economic Research, Inc.
- Goulder, Lawrence H. & Long, Xianling & Lu, Jieyi & Morgenstern, Richard D., 2022. "China's unconventional nationwide CO2 emissions trading system: Cost-effectiveness and distributional impacts," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
- Parry, Ian W.H. & Evans, David & Oates, Wallace E., 2014.
"Are energy efficiency standards justified?,"
Journal of Environmental Economics and Management, Elsevier, vol. 67(2), pages 104-125.
- Parry, Ian W.H. & Evans, David A. & Oates, Wallace E., 2010. "Are Energy Efficiency Standards Justified?," RFF Working Paper Series dp-10-59, Resources for the Future.
- Alejandro Caparrós & Richard E. Just & David Zilberman, 2015. "Dynamic Relative Standards versus Emission Taxes in a Putty-Clay Model," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(2), pages 277-308.
- Bushnell, James & Chen, Yihsu, 2012.
"Allocation and leakage in regional cap-and-trade markets for CO2,"
Resource and Energy Economics, Elsevier, vol. 34(4), pages 647-668.
- Bushnell, James & Chen, Yihsu, 2010. "Allocation and leakage in regional cap-and-trade markets for CO2," ISU General Staff Papers 201007020700001118, Iowa State University, Department of Economics.
- Bushnell, James & Chen, Yihsu, 2010. "Allocation and Leakage in Regional Cap-And-Trade Markets for CO2," Staff General Research Papers Archive 31804, Iowa State University, Department of Economics.
- Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2020.
"Instrument choice and stranded assets in the transition to clean capital,"
Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
- Rozenberg, Julie & Vogt-Schilb, Adrien & Hallegatte, Stephane, 2017. "Instrument Choice and Stranded Assets in the Transition to Clean Capital," IDB Publications (Working Papers) 8205, Inter-American Development Bank.
- Gabriel E. Lade & C.-Y. Cynthia Lin Lawell, 2021. "The Design of Renewable Fuel Mandates and Cost Containment Mechanisms," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(2), pages 213-247, June.
- Goulder, Lawrence H., 2013. "Climate change policy's interactions with the tax system," Energy Economics, Elsevier, vol. 40(S1), pages 3-11.
- Bielen, David A., 2018. "Do differentiated performance standards help coal? CO2 policy in the U.S. electricity sector," Resource and Energy Economics, Elsevier, vol. 53(C), pages 79-100.
- Derek Lemoine, 2017.
"Escape from Third-Best: Rating Emissions for Intensity Standards,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 789-821, August.
- Lemoine, Derek M., 2013. "Escape from Third-Best: Rating Emissions for Intensity Standards," 2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA 161656, Agricultural and Applied Economics Association.
- Hoarau, Quentin & Meunier, Guy, 2023.
"Coordination of sectoral climate policies and life cycle emissions,"
Resource and Energy Economics, Elsevier, vol. 72(C).
- Quentin Hoarau & Guy Meunier, 2023. "Coordination of sectoral climate policies and life cycle emissions," Post-Print hal-04404659, HAL.
- Quentin Hoarau & Guy Meunier, 2023. "Coordination of sectoral climate policies and life cycle emissions [Coordination des politiques climatiques sectorielles et des émissions de cycle de vie]," Post-Print hal-04112936, HAL.
- Bento, Antonio M. & Garg, Teevrat & Kaffine, Daniel, 2018. "Emissions reductions or green booms? General equilibrium effects of a renewable portfolio standard," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 78-100.
- Holland, Stephen P., 2012. "Emissions taxes versus intensity standards: Second-best environmental policies with incomplete regulation," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 375-387.
More about this item
JEL classification:
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2014-02-02 (Energy Economics)
- NEP-ENV-2014-02-02 (Environmental Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:19847. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.