In this dissertation I examine a specific class of energy models and their implications for carbon mitigation policies. The class of models includes a production function capable of reproducing the empirically observed phenomenon of short run rigidity of energy use in response to energy price changes and long run flexibility of energy use in response to energy price changes. I use a theoretical model, parameterized using empirical data, to simulate economic performance under several tax regimes where taxes are levied on capital income, investment, and energy. I also investigate transitions from one tax regime to another. I find that energy taxes intended to reduce energy use can successfully achieve those goals with minimal or even positive impacts on macroeconomic performance. But the transition paths to new steady states are lengthy, making political commitment to such policies very challenging. / Economics
Identifer | oai:union.ndltd.org:TEMPLE/oai:scholarshare.temple.edu:20.500.12613/4126 |
Date | January 2012 |
Creators | Tilley, Luke Alan |
Contributors | Diamantaras, Dimitrios, Swanson, Charles E., Fardmanesh, Mohsen, Mester, Loretta Jean |
Publisher | Temple University. Libraries |
Source Sets | Temple University |
Language | English |
Detected Language | English |
Type | Thesis/Dissertation, Text |
Format | 109 pages |
Rights | IN COPYRIGHT- This Rights Statement can be used for an Item that is in copyright. Using this statement implies that the organization making this Item available has determined that the Item is in copyright and either is the rights-holder, has obtained permission from the rights-holder(s) to make their Work(s) available, or makes the Item available under an exception or limitation to copyright (including Fair Use) that entitles it to make the Item available., http://rightsstatements.org/vocab/InC/1.0/ |
Relation | http://dx.doi.org/10.34944/dspace/4108, Theses and Dissertations |
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