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DOI10.1016/j.enpol.2020.111541
What explains carbon-pricing variation between countries?
Best R.; Zhang Q.Y.
发表日期2020
ISSN03014215
卷号143
英文摘要Economists generally view carbon pricing as an efficient policy to address externalities from energy use, but political feasibility can be a persistent issue. This paper aims to comprehensively consider underlying factors contributing to carbon-pricing magnitude including environmental, social, political, and economic variables. We use the between estimator and focus on exogenous variables to explain continuous carbon-pricing variables for a global sample of countries. We find that larger coal reserves per capita have a negative effect on the log of the product of carbon-price levels and coverage. Control of corruption is a key governance variable that is positively associated with carbon-pricing outcomes. Another important political dimension is the degree of political globalisation. For economic resources, there is evidence that larger stocks of domestic credit help to enable carbon pricing. There is some evidence that climate change awareness is positively associated with carbon pricing, but the proportion perceiving climate change as a serious threat is negatively associated with carbon pricing. Our global results complement case study approaches that consider carbon-pricing design for local contexts. © 2020 Elsevier Ltd
关键词Carbon pricingClimate changeControl of corruptionFossil-fuel endowmentPolitical globalisation
英文关键词Carbon; Climate change; Coal; Coal industry; Costs; Energy utilization; Proven reserves; Between estimators; Case study approach; Change awareness; Economic resources; Economic variables; Exogenous variables; Political dimensions; Underlying factors; Economics; energy efficiency; energy policy; feasibility study; globalization; numerical model; policy making; price dynamics
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/204568
作者单位Department of Economics, Macquarie UniversityNSW 2109, Australia
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GB/T 7714
Best R.,Zhang Q.Y.. What explains carbon-pricing variation between countries?[J],2020,143.
APA Best R.,&Zhang Q.Y..(2020).What explains carbon-pricing variation between countries?.Energy Policy,143.
MLA Best R.,et al."What explains carbon-pricing variation between countries?".Energy Policy 143(2020).
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