In the past several years, there has been growing concern on the scarcity of energy resources, the volatility of energy prices, and the impact of energy sector on climate change. In this context, energy-environment mo...In the past several years, there has been growing concern on the scarcity of energy resources, the volatility of energy prices, and the impact of energy sector on climate change. In this context, energy-environment models designed for analysis of energy systems have become more important. In this paper, a Computable General Equilibrium Model (CGE) using an energy-environmental version of Global Trade Analysis Project (GTAP) model (known as GTAP-E) for Vietnam is presented based on the GTAP Data Base version 7. The model is developed following the original structure and the revised version of the GTAP-E model. This model is used to simulate the adoption of carbon tax for Vietnam for the base year of 2004. The economy-level and detailed sector-specific effects are also examined considering energy intensive and non-intensive sectors. Simulation results show the negative influences of different carbon tax scenarios to Vietnam's economy. The results would also indicate the potential of carbon taxation as a driving force for the mitigation of carbon dioxide and for new and renewable energy promotion in Vietnam. In fact, this study is the first simulation exercise of energy-environmental policy for the Vietnamese case.展开更多
文摘In the past several years, there has been growing concern on the scarcity of energy resources, the volatility of energy prices, and the impact of energy sector on climate change. In this context, energy-environment models designed for analysis of energy systems have become more important. In this paper, a Computable General Equilibrium Model (CGE) using an energy-environmental version of Global Trade Analysis Project (GTAP) model (known as GTAP-E) for Vietnam is presented based on the GTAP Data Base version 7. The model is developed following the original structure and the revised version of the GTAP-E model. This model is used to simulate the adoption of carbon tax for Vietnam for the base year of 2004. The economy-level and detailed sector-specific effects are also examined considering energy intensive and non-intensive sectors. Simulation results show the negative influences of different carbon tax scenarios to Vietnam's economy. The results would also indicate the potential of carbon taxation as a driving force for the mitigation of carbon dioxide and for new and renewable energy promotion in Vietnam. In fact, this study is the first simulation exercise of energy-environmental policy for the Vietnamese case.