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dc.contributor.authorAldy, Joseph Edgar
dc.contributor.authorPizer, William
dc.date.accessioned2011-12-21T21:43:49Z
dc.date.issued2011
dc.identifier.citationAldy, Joseph, and William Pizer. 2011. The Competitiveness Impacts of Climate Change Mitigation Policies. HKS Faculty Research Working Paper Series RWP11-047, John F. Kennedy School of Government, Harvard Universityen_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:5688779
dc.description.abstractThe pollution haven hypothesis suggests that unilateral domestic emission mitigation policies could cause adverse “competitiveness” impacts on domestic manufacturers as they lose market share to foreign competitors and relocate production activity – and emissions – to unregulated economies. We construct a precise definition of competitiveness impacts appropriate for climate change regulation that can be estimated exclusively with domestic production and net import data. We use this definition and a 20+ year panel of 400+ U.S. manufacturing industries to estimate the effects of energy prices, which is in turn used to simulate the impacts of carbon pricing policy. We find that a U.S.-only $15 per ton CO2 price will cause competitiveness effects on the order of a 1.0 to 1.3 percent decline in production among the most energy-intensive manufacturing industries. This amounts to roughly one-third of the total impact of a carbon pricing policy on these firms’ economic output.en_US
dc.language.isoen_USen_US
dc.publisherJohn F. Kennedy School of Government, Harvard Universityen_US
dc.relation.isversionofhttp://web.hks.harvard.edu/publications/workingpapers/citation.aspx?PubId=8115en_US
dash.licenseLAA
dc.subjectMBG - Markets, Business, and Governmenten_US
dc.subjectEnvironment and Natural Resourcesen_US
dc.subjectRegulatory Policyen_US
dc.subjectClimate Changeen_US
dc.titleThe Competitiveness Impacts of Climate Change Mitigation Policiesen_US
dc.typeResearch Paper or Reporten_US
dc.description.versionAuthor's Originalen_US
dc.relation.journalHKS Faculty Research Working Paper Seriesen_US
dash.depositing.authorAldy, Joseph Edgar
dc.date.available2011-12-21T21:43:49Z
dc.identifier.doi10.3386/w17705
dash.contributor.affiliatedAldy, Joseph


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