@article{Adkins:332048,
      recid = {332048},
      author = {Adkins, Liwayway and Garbaccio, Richard and Ho, Mun and  Moore, Eric and Morgenstern, Richard},
      title = {Trade Effects and Emissions Leakage Associated with Carbon  Pricing Policies},
      address = {2011},
      pages = {48},
      year = {2011},
      note = {Presented at the 14th Annual Conference on Global Economic  Analysis, Venice, Italy},
      abstract = {In a previous work, we examined how the effects of a  $15/ton CO2 price on U.S. industries change over four time  horizons – the very short-, short-, medium-, and long-runs  – as firms and consumers gradually adjust to new prices. We  showed that the effects also depend on the number of  countries implementing the policy as well as the use of  offsetting policies, such as output-based rebates, to  compensate losers. In the current extension of that work,  we explore in greater depth competitiveness and emissions  leakage issues – changes in trade flows and changes in  emissions in countries without a carbon policy. Using a  global CGE model based on GTAP 7 data, we focus on the long  run effects of a multilateral carbon pricing policy, with  and without output-based rebates applied to U.S.  industries.},
      url = {http://ageconsearch.umn.edu/record/332048},
}