publication . Conference object . 2015

Market Power Rents and Climate Change Mitigation: A Rationale for Coal Export Taxes?

Mendelevitch, Roman; Richter, Phillip; Jotzo, Frank;
Open Access English
  • Published: 01 Jan 2015
  • Publisher: ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg
Abstract
In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia), or a group of major exporting countries. The policy motivation would be twofold: generating tax revenues against the background of improved terms-of-trade, while CO2 emissions are reduced. We construct and numerically apply a two-level game consisting of an optimal policy problem at the upper level, and an equilibrium model of the international steam coal market (based on COALMOD-World) at the lower level. We find that a unilaterally introduced Australian export tax on steam coal has little impact on global emissions and may be welfare reduci...
Subjects
Medical Subject Headings: complex mixtureshealth care economics and organizations
free text keywords: F13, Q58, C61, ddc:330
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