Steering the Climate System: Using Inertia to Lower the Cost of Policy: Reply
作者: Derek LemoineIvan Rudik
作者单位: 1Department of Economics, Eller College of Management, University of Arizona and NBER (email: )
2 Dyson School of Applied Economics and Management, Cornell University (email: )
刊名: American Economic Review, 2020, Vol.110 (4), pp.1238-1241
来源数据库: American Economic Association
DOI: 10.1257/aer.20191814
原始语种摘要: Mattauch et al. (2020) claims that the quantitative conclusions in Lemoine and Rudik (2017)—henceforth, LR17—are not robust to using a climate model consistent with recent scientific results. We observe that LR17 in fact analyzes an extension to a more realistic carbon model that generates an efficient emission tax trajectory very similar to that in Mattauch et al. (2020), and we here show that simplifications in the temperature model of LR17 do not qualitatively affect their policy conclusions. Accounting for inertia reduces the initial emission tax by 42 percent and reduces the present value of abatement cost by 39 percent. (JEL H23, Q54, Q58 )
全文获取路径: 美国经济学会 

  • percent 百分率
  • claims 赔偿金
  • trajectory 轨道
  • inertia 惯性
  • tax 
  • scientific 科学
  • abatement 轻减
  • model 模型
  • henceforth 今后
  • their 他们的