Siberian Federal University

Issue

Journal of Siberian Federal University. Humanities & Social Sciences. 2010 3 (6)

Authors

Palatnik, Ruslana R.; Shechter, Mordechai

Contact information

Palatnik, Ruslana R. : Natural Resource and Environmental Research Centre, University of Haifa University of Haifa Department of Economics and Management, the Max Stern Academic College Of Emek Yezreel Fondazione Eni Enrico Mattei , Mt. Carmel, Haifa 31905 Israel Israel Italy; Shechter, Mordechai : Natural Resource and Environmental Research Centre, University of Haifa University of Haifa , Mt. Carmel, Haifa 31905 Israel

Keywords

Climate Change; Computable General Equilibrium; Double Dividend; Environmental Policy; Israel

Abstract

This study aimed to quantify the economy-wide consequences for Israel of meeting the potential targets of the post-2012 agreement, employing a Computable General Equilibrium (CGE) model of the Israeli economy, called IGEM. The study enhances the previously developed IGEM model to find the potential for a double or an employment dividend if the revenues raised from a CO₂ emissionrelated environmental policy are recycled through lowering existing labour taxes. The efficacy of decentralized economic incentives for CO₂ emission reduction, such as carbon emission taxes and auctioned emission permits, was assessed in terms of their impact on unemployment and economic welfare. The analysis indicates that a double dividend may be an achievable goal under a CO₂ emission reduction policy in the case of economies such as Israel. The CGE approach applied in this research should contribute to a better informed debate on environmental policy in Israel.

Pages

912-923

Paper at repository of SibFU

https://elib.sfu-kras.ru/handle/2311/2076

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0).