A Quantitative Analysis of Sustainable Globalization

28.02.2023 12:30 – 13:30

GENEVA TRADE AND DEVELOPMENT WORKSHOP / ABSTRACT

Jointly with Mathilde Le Moigne, Simon Lepot, Marcos Ritel and Dora Simon

Abstract:

We analyze the economic effects of optimal climate action induced by a worldwide tax on greenhouse gas (GHG) emissions. We conduct this analysis in the context of a state-of-the-art quantitative trade model, which allows us to put numbers on the idea of "sustainable globalization". We find that (i) a global carbon tax is remarkably efficient, (ii) a global carbon tax exacerbates between-country inequality, (iii) a global carbon tax has almost no effect on the trade-to-GDP-ratio, and (iv) international trade became initially browner and then again greener over the time period 1995-2018.


Biographical note:

Please see: https://www.econ.uzh.ch/en/people/faculty/ossa.html

Lieu

Bâtiment: Uni Mail

Graduate Institute
Maison de la Paix
Petal 1, Room S5
2 Chemin Eugène-Rigot
1202 Geneva

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