Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/147812
Title: ECONOMIC EFFECTS OF CARBON EMISSION TAX: A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS FOR SINGAPORE
Authors: LIU YULONG
Issue Date: 2013
Citation: LIU YULONG (2013). ECONOMIC EFFECTS OF CARBON EMISSION TAX: A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS FOR SINGAPORE. ScholarBank@NUS Repository.
Abstract: In this paper, a computable general equilibrium model is constructed for Singapore economy to analyze the impact of carbon tax policy on sectoral output change and distributional effect of household income. Empirical results based on macroeconomic data in 2007 suggest that carbon emission reduction can be achieved without major negative macroeconomic impact. If proper recycling channel is designed to re-invest the carbon tax revenue into the economy, instead of contraction the economy is able to maintain modest growth. These results also show energy-intensive sectors and higher income household are impacted the most.
URI: http://scholarbank.nus.edu.sg/handle/10635/147812
Appears in Collections:Bachelor's Theses

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