Yirui Deng , Mengjuan Yin , Xiaofeng Xu , Lean Yu , Guowei Gao , Li Ma
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引用次数: 0
Abstract
Developed economies like the EU advocate imposing carbon tariffs on exports from countries lacking equivalent emission reduction measures, with energy-intensive sectors being the most susceptible. This study establishes five specific policy scenarios aligned with the potential criteria for carbon tariffs by developed economies. Utilizing the GTAP-E model, we quantitatively analyze the impact on energy-intensive sectors in major developing and developed economies. The results highlight the disadvantaged position of affected economies compared to the imposing ones. Lastly, the paper delves into effective strategies for relevant countries and outlines the transition pathways for energy-intensive sectors.
期刊介绍：
International trade, financing and investments, and the related cash and credit transactions, have grown at an extremely rapid pace in recent years. The international monetary system has continued to evolve to accommodate the need for foreign-currency denominated transactions and in the process has provided opportunities for its ongoing observation and study. The purpose of the Journal of International Financial Markets, Institutions & Money is to publish rigorous, original articles dealing with the international aspects of financial markets, institutions and money. Theoretical/conceptual and empirical papers providing meaningful insights into the subject areas will be considered. The following topic areas, although not exhaustive, are representative of the coverage in this Journal. • International financial markets • International securities markets • Foreign exchange markets • Eurocurrency markets • International syndications • Term structures of Eurocurrency rates • Determination of exchange rates • Information, speculation and parity • Forward rates and swaps • International payment mechanisms • International commercial banking; • International investment banking • Central bank intervention • International monetary systems • Balance of payments.
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