- Home
- Publications
- An Investigation Of Carbon Taxes And Terms-of-trade In A Large Macroeconometric Mode
An investigation of carbon taxes and terms-of-trade in a large macroeconometric mode
Sign in to Access![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/calendar-alt.png)
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/chain.png)
![carbon tax](https://www.niesr.ac.uk/wp-content/uploads/2021/12/iStock-1332129242-900x900.jpg)
Downloads
This content is restricted to corporate members, NiGEM subscribers and NIESR partners.
External Authors
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/user.3.png)
Amit Kara
JEL Code
Q58, H23, E12, E60
Journal
National Institute Economic Review, No. 258, Vol. Autumn, Pages: 47-65
External Resources
Raising the carbon price by $50 per tonne of CO2 would more than double the post-tax price of coal relative to renewable energy. This is an important figure to face, when considering that carbon taxes are likely to play a key role in meeting greenhouse gas emission targets that are consistent with the Paris Agreement. In this paper we assess the macroeconomic effects of a carbon tax on the global economy, paying particular attention to the terms-of-trade implications for importers and exporters of fossil fuels.
Related Blog Posts
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/Huws-Blog-June-2024-640x640.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/Huw-et-al.s-Blog-Pre-Inflation-Figures-Release-June-2024-640x640.jpg)
UK Inflation: A Tale of Two Forecasts
Huw Dixon
Jane Binner
Barry Jones
Jon Tepper
17 Jun 2024
3 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/Huw-Blog-Fig-1-640x640.png)
What Does Today’s Smaller Than Expected Fall in Inflation Mean?
Huw Dixon
22 May 2024
8 min read
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/iStock-1019729218-square-640x640.jpg)
Related Projects
Related News
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/iStock-1162624151-1-640x640.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/iStock-874880910-1-640x640.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/iStock-1443377667-1-640x640.jpg)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/05/iStock-639762750-1-640x640.jpg)
Related Publications
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/Hero-FIg1-Term-Premium-1-640x640.png)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/9-Hero-Image-Macro-Analysis-of-Spending-Pledges-640x640.png)
A Macroeconomic Analysis of the Main Parties’ Spending Pledges
24 Jun 2024
General Election Briefing
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/CPI-Tracker-June-2024-fig.png)
![](https://www.niesr.ac.uk/wp-content/uploads/2024/06/Hero-Images-General-Election-Briefings-640x640.png)
Related events
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2023/07/Economic-Forum-Imagery.png)
Summer 2023 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2023/03/Glasgow-Event-Imagery-2.png)
Spring 2023 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2023/01/Outlook-Event-Imagery-1.png)
Winter 2023 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2022/08/Copy-of-Event-Image-Templates-2.png)
Autumn 2022 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2022/07/Event-NiGEM-Template.png)
Summer 2022 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2022/04/iStock-1323375651-scaled.jpg)
Spring 2022 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2022/01/UK-Winter-Economic-Outlook.jpg)
Winter 2022 Economic Forum
![Event Image](https://www.niesr.ac.uk/wp-content/uploads/2021/10/Autumn-Economic-Forum.jpg)
Autumn 2021 Economic Forum
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/arrow-right.png)
![](https://www.niesr.ac.uk/wp-content/themes/niesr/assets/img/arrow-right.png)