Economic impacts of reducing NO sub(x) emissions in Norway

Using a multisector computable general equilibrium model for the Norwegian economy, the impacts on main macroeconomic indicators of reducing NO sub(x) emissions are analyzed. Seven specific technical measures regarding passenger cars, trucks, ships and industrial processes are studied. The measures...

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Bibliographic Details
Published in:Environmental & resource economics 1997-01, Vol.9 (1), p.125-132
Main Author: Merethe Larsen, B
Format: Article
Language:English
Online Access:Get full text
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Summary:Using a multisector computable general equilibrium model for the Norwegian economy, the impacts on main macroeconomic indicators of reducing NO sub(x) emissions are analyzed. Seven specific technical measures regarding passenger cars, trucks, ships and industrial processes are studied. The measures have somewhat different impacts on the macroeconomy. Especially the measure pertaining to light and heavy duty trucks leads to an increase in GDP, because of higher income from indirect taxes. However, the sum of value added in the production sectors is reduced. The other measures cause a decrease in GDP. All in all, we find that the costs, in terms of reductions in GDP and private consumption, incurred from the introduction of additional NO sub(x) emissions control measures are quite small.
ISSN:0924-6460