Christoph Böhringer

TL;DR: In this paper, a dynamic multi-region computable general equilibrium model of the world economy is used to assess the economics of contraction and convergence in the context of climate protection policy.

Abstract: This paper investigates the economic impacts of environmental tax reforms designed to reach given emission reduction targets for the German economy. Our focus is on the efficiency and employment implications of alternative schemes for emission tax differentiation between the production sector and the household sector. We point out that strong tax discrimination in favor of the production sector may cause substantial excess costs. Differences in the emission tax base and the respective ease of emission mitigation between the production sector and the household sector are shown to play a crucial role for explaining our results.

TL;DR: In this paper, the authors show that combining output-based rebating with a consumption tax can be equivalent with border carbon adjustments, and demonstrate that it is welfare improving for a region who has already implemented emission pricing along with output based rebating for emission-intensive and trade-exposed goods to also introduce a Consumption tax on these goods.

TL;DR: In this article, the authors break new ground by integrating cutting edge insights on global warming from three different perspectives: game theory, cost-effectiveness analysis and public choice, and provide an overview of important results, discuss the theoretical consistency of the models and assumptions, highlight the practical problems which are not yet captured by theory and explore the different applications to the various problems encountered in global warming.