01742nam a22002897u 4500001001000000003000400010005001700014008004100031040000800072041000800080084003400088100002900122245005700151260008600208300003100294490003800325520082500363650003301188650004601221650002501267650001801292651001701310700001901327700002001346830005101366856003501417pwiiw7075OSt20260518120036.0241120t2024    au ||||| |||| 00| ||eng d  cOSt  aeng  aF11aF13aF14aF18aQ562jelc1 aFlórez Mendoza, Javier10aImpacts of the EU carbon border adjustment mechanism  aWien :bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),c2024.  a17 S., b5 Figures,c30cm.1 awiiw Policy Notes and Reportsv86  aWe summarise the results of our study employing a quantitative trade model to assess the implications of the EU carbon border adjustment mechanism (CBAM) on trade flows, welfare, real wages and CO2 emissions. Specifically, the general equilibrium effects of the introduction of a tariff on carbon-intensive products on European Union (EU) and European Free Trade Association (EFTA) members and non-members are assessed. For the EU, we find an increase in the terms of trade and consequently small positive welfare effects, whereas there are tiny negative effects on real wages. Non-EU countries face a decline in the terms of trade and a small welfare loss as well as marginally declining real wages. Global CO2 emissions are marginally reduced, although they minimally increase in the EU due to specialisation effects.
  aNew Quantitative Trade Model  aCarbon Border Adjustment Mechanism (CBAM)  atrade policy welfare  aCO2 emissions  anon specific1 aReiter, Oliver1 aStehrer, Robert 0v86wWIIW0000092twiiw Policy Notes and Reports40uhttps://wiiw.ac.at/p-7075.html