General equilibrium analysis of trade and environment under alternative market structure: a computable general equilibrium study for India

The purpose of the present paper is to understand general equilibrium implications of international trade and globalization on social welfare and environmental emission caused on account of energy consumption by production sectors and domestic households. We applied computable general equilibrium (C...

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Veröffentlicht in:Decision (Calcutta) 2013-11, Vol.40 (1-2), p.99-116
Hauptverfasser: Das, Koushik, Chakraborti, Pinaki
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description The purpose of the present paper is to understand general equilibrium implications of international trade and globalization on social welfare and environmental emission caused on account of energy consumption by production sectors and domestic households. We applied computable general equilibrium (CGE) modelling as our relevant methodology following Shoven and Whalley (J Econ Lit XXII:1007–1051, 1984 ). Constructing an energy/environmental social accounting matrix (SAM), paper attempts to purport the effects of liberalized trade over different macroeconomic aspects, energy consumption and green house gas emission through an environmental CGE model logically based on SAM. Attempts have been made to simulate various trade related policies like import liberalization, foreign capital inflow and use of energy saving technologies for examining the impact over macroeconomic variables and domestic physical environment under both perfect and monopolistic competition market structure assumption.
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source Business Source Complete; SpringerLink Journals - AutoHoldings
subjects Business and Management
Calibration
Coal
Energy consumption
Environmental impact
Environmental policy
Equilibrium
Expenditures
Globalization
Households
Impact analysis
International trade
Macroeconomics
Management
Manufacturing
Monopolistic competition
Natural gas
Research Paper
Social accounting
Studies
Trade liberalization
Trade policy
title General equilibrium analysis of trade and environment under alternative market structure: a computable general equilibrium study for India
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