It takes the average reader and 19 minutes to read Global Welfare Implications of Carbon Border Taxes by Daniel Gros
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This paper presents a simple, basic model to compute the welfare consequences of the introduction of a tariff on the CO2 content of imported goods in a country that already imposes a domestic carbon tax. The main finding is that the introduction of a carbon import tariff increases global welfare (and not just the welfare of the importing country) if there is no (or insufficient) pricing of carbon abroad. A higher domestic price of carbon justifies a higher import tariff. Moreover, a higher relative intensity of carbon abroad increases the desirability of high import tariff imposed by the home country because a border tax shifts production to the importing country, which in this case leads to lower environmental costs.
Global Welfare Implications of Carbon Border Taxes by Daniel Gros is 19 pages long, and a total of 4,921 words.
This makes it 6% the length of the average book. It also has 6% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 26 minutes to read Global Welfare Implications of Carbon Border Taxes aloud.
Global Welfare Implications of Carbon Border Taxes is suitable for students ages 6 and up.
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