[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v48y2015icp222-237.html
   My bibliography  Save this article

Modelling the impact of energy policies on the Philippine economy: Carbon tax, energy efficiency, and changes in the energy mix

Author

Listed:
  • Cabalu, Helen
  • Koshy, Paul
  • Corong, Erwin
  • Rodriguez, U-Primo E.
  • Endriga, Benjamin A.
Abstract
As part of its global obligations to responding to climate change, the Philippines is committed to limiting future emissions growth through policy interventions such as funding research on mitigation and direct regulation of energy efficiency requirements. The Philippines is also interested in extensions of such policies, including the use of carbon taxes, measures to enhance energy efficiency, and changes to the country’s electricity generation mix.

Suggested Citation

  • Cabalu, Helen & Koshy, Paul & Corong, Erwin & Rodriguez, U-Primo E. & Endriga, Benjamin A., 2015. "Modelling the impact of energy policies on the Philippine economy: Carbon tax, energy efficiency, and changes in the energy mix," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 222-237.
    • Handle: RePEc:eee:ecanpo:v:48:y:2015:i:c:p:222-237
    DOI: 10.1016/j.eap.2015.11.014
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592615301363
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eap.2015.11.014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Telli, Çagatay & Voyvoda, Ebru & Yeldan, Erinç, 2008. "Economics of environmental policy in Turkey: A general equilibrium investigation of the economic evaluation of sectoral emission reduction policies for climate change," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 321-340.
    2. Erwin L. Corong, 2007. "Economic and Poverty Impacts of a Voluntary Carbon Reduction for a Small Liberalized Developing Economy: The Case of the Philippines," Working Papers 2007.9, Fondazione Eni Enrico Mattei.
    3. Jayatilleke S. Bandara & Yiyong Cai, 2014. "The impact of climate change on food crop productivity, food prices and food security in South Asia," Economic Analysis and Policy, Elsevier, vol. 44(4), pages 451-465.
    4. Christian M Dufournaud & Michael Jerrett & U-Primo Rodriguez & John T Quinn & Arlene Inocencio, 2003. "The Net Cost of Banning Commercial Foresting: A Computable General Equilibrium Analysis for the Philippines," Environment and Planning A, , vol. 35(4), pages 745-758, April.
    5. Ian Sue Wing, 2009. "Computable General Equilibrium Models for the Analysis of Energy and Climate Policies," Chapters, in: Joanne Evans & Lester C. Hunt (ed.), International Handbook on the Economics of Energy, chapter 14, Edward Elgar Publishing.
    6. Gernot Klepper & Sonja Peterson, 2006. "Emissions Trading, CDM, JI, and More: The Climate Strategy of the EU," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-26.
    7. Beghin, John C. & Bowland, Bradley J. & Dessus, Sébastien & Roland-Holst, David & Mensbrugghe, Dominique van der, 2002. "Trade integration, environmental degradation, and public health in Chile: assessing the linkages," Environment and Development Economics, Cambridge University Press, vol. 7(2), pages 241-267, May.
    8. Adam B. Jaffe et al., 1995. "Environmental Regulation and the Competitiveness of U.S. Manufacturing: What Does the Evidence Tell Us?," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 132-163, March.
    9. Rudiger Dornbusch & James M. Poterba (ed.), 1991. "Global Warming: Economic Policy Responses," MIT Press Books, The MIT Press, edition 1, volume 1, number 026204126x, April.
    10. Pinto, Ligia M. & Harrison, Glenn W., 2003. "Multilateral negotiations over climate change policy," Journal of Policy Modeling, Elsevier, vol. 25(9), pages 911-930, December.
    11. Joanne Evans & Lester C. Hunt (ed.), 2009. "International Handbook on the Economics of Energy," Books, Edward Elgar Publishing, number 12764.
    12. James Boyce & Matthew Riddle & Mark D. Brenner, 2005. "A Chinese Sky Trust? Distributional Impacts of Carbon charges and Revenue Recycling in China," Working Papers wp_brenner_riddle_boyce, Political Economy Research Institute, University of Massachusetts at Amherst.
    13. Erwin L. Corong & J. Mark Horridge, 2012. "PHILGEM: A SAM-based Computable General Equilibrium Model of the Philippines," Centre of Policy Studies/IMPACT Centre Working Papers g-227, Victoria University, Centre of Policy Studies/IMPACT Centre.
    14. Arief Anshory Yusuf & Ahmad Komarulzaman & Wawan Hermawan & Djoni Hartono & Kindy R. Sjahrir, 2010. "Scenarios for Climate Change Mitigation from the Energy Sector in Indonesia: The Role of Fiscal Instruments," Working Papers in Economics and Development Studies (WoPEDS) 201005, Department of Economics, Padjadjaran University, revised Jul 2010.
    15. Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
    16. Anne Brendemoen & Haakon Vennemo, 1994. "A Climate Treaty and the Norwegian Economy: A CGE Assessment," The Energy Journal, , vol. 15(1), pages 77-93, January.
    17. Barun Deb Pal & Vijay P. Ojha & Sanjib Pohit & Joyashree Roy, 2015. "GHG Emissions and Economic Growth," India Studies in Business and Economics, Springer, edition 127, number 978-81-322-1943-9, December.
    18. Calzadilla, Alvaro & Rehdanz, Katrin & Tol, Richard S. J., 2011. "Trade Liberalisation and Climate Change: A CGE Analysis of the Impacts on Global Agriculture," Papers WP381, Economic and Social Research Institute (ESRI).
    19. Jaafar, Abdul Hamid & Al-Amin, Abul Quasem & Siwar, Chamhuri, 2008. "A CGE Analysis of the Economic Impact of Output-Specific Carbon Tax on the Malaysian Economy," MPRA Paper 10210, University Library of Munich, Germany.
    20. Babiker, Mustafa H., 2005. "Climate change policy, market structure, and carbon leakage," Journal of International Economics, Elsevier, vol. 65(2), pages 421-445, March.
    21. James M. Poterba, 1991. "Tax Policy to Combat Global Warming: On Designing a Carbon Tax," NBER Working Papers 3649, National Bureau of Economic Research, Inc.
    22. repec:bla:scandj:v:94:y:1992:i:1:p:53-69 is not listed on IDEAS
    23. Cabalu, Helen & Rodriguez, U-Primo, 2007. "Trade-offs in Trade Liberalization: Evidence from the Philippine 2005 Tariff Changes," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 22, pages 637-663.
    24. Arief Yusuf & Budy Resosudarmo, 2015. "On the distributional impact of a carbon tax in developing countries: the case of Indonesia," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(1), pages 131-156, January.
    25. R.A. McDougall, 1993. "Energy Taxes and Greenhouse Gas Emissions in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-104, Victoria University, Centre of Policy Studies/IMPACT Centre.
    26. Ruslana Palatnik & Mordechai Shechter, 2008. "Can Climate Change Mitigation Policy Benefit the Israeli Economy? A Computable General Equilibrium Analysis," Working Papers 2008.2, Fondazione Eni Enrico Mattei.
    27. Breuss, Fritz & Steininger, Karl, 1998. "Biomass Energy Use to Reduce Climate Change: A General Equilibrium Analysis for Austria," Journal of Policy Modeling, Elsevier, vol. 20(4), pages 513-535, August.
    28. Baranzini, Andrea & Goldemberg, Jose & Speck, Stefan, 2000. "A future for carbon taxes," Ecological Economics, Elsevier, vol. 32(3), pages 395-412, March.
    29. Ashish Rana, 2003. "Evaluation of a Renewable Energy Scenario in India For Economic and Co2 Mitigation Effects," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 15(1), pages 45-54, March.
    30. John Whalley & Randall Wigle, 1991. "Cutting CO2 Emissions: The Effects of Alternative Policy Approaches," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 109-124.
    31. Ditya A. Nurdianto & Budy Resosudarmo, 2014. "The Inter-Regional System of Analysis for ASEAN: A Manual," Working Papers in Economics and Development Studies (WoPEDS) 201411, Department of Economics, Padjadjaran University, revised Aug 2014.
    32. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387.
    33. Erwin L. Corong, 2008. "Tariff Reduction, Carbon Emissions and Poverty: An Economy-Wide Assessment for the Philippines," EEPSEA Research Report rr2008012, Economy and Environment Program for Southeast Asia (EEPSEA), revised Jan 2008.
    34. Jan van Heerden & Reyer Gerlagh & James Blignaut & Mark Horridge & Sebastiaan Hess & Ramos Mabugu & Margaret Mabugu, 2006. "Searching for Triple Dividends in South Africa: Fighting CO2 Pollution and Poverty while Promoting Growth," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 113-142.
    35. Govinda Timilsina & Simon Mevel, 2013. "Biofuels and Climate Change Mitigation: A CGE Analysis Incorporating Land-Use Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(1), pages 1-19, May.
    36. Barun Deb Pal & Vijay P. Ojha & Sanjib Pohit & Joyashree Roy, 2015. "Impact of Economic Growth on Greenhouse Gas (GHG) Emissions—Social Accounting Matrix (SAM) Multiplier Analysis," India Studies in Business and Economics, in: GHG Emissions and Economic Growth, edition 127, chapter 4, pages 43-60, Springer.
    37. Cororaton, Caesar B. & Cockburn, John, 2007. "Trade reform and poverty--Lessons from the Philippines: A CGE-microsimulation analysis," Journal of Policy Modeling, Elsevier, vol. 29(1), pages 141-163.
    38. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    39. Fujimori, S. & Kainuma, M. & Masui, T. & Hasegawa, T. & Dai, H., 2014. "The effectiveness of energy service demand reduction: A scenario analysis of global climate change mitigation," Energy Policy, Elsevier, vol. 75(C), pages 379-391.
    40. Bohringer, Christoph, 2000. "Cooling down hot air: a global CGE analysis of post-Kyoto carbon abatement strategies," Energy Policy, Elsevier, vol. 28(11), pages 779-789, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Delu & Mao, Jinqi & Cui, Rong & Yu, Jian & Shi, Xunpeng, 2022. "Impact of inter-provincial power resource allocation on enterprise production behavior from a multi-scale correlation perspective," Energy Economics, Elsevier, vol. 114(C).
    2. Alvarez, Maximiliano, 2019. "Distributional effects of environmental taxation: An approximation with a meta-regression analysis," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 382-401.
    3. Dritsas, Sophoclis E., 2020. "The effect of sea level rise on coastal populations: The case of the Gironde (Estuaries of Gironde)," Economic Analysis and Policy, Elsevier, vol. 66(C), pages 41-50.
    4. Yakut, Aykut Mert & de Bruin, Kelly, 2023. "The importance of having a more realistic welfare transfer determination rule: A CGE analysis for Ireland," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1310-1325.
    5. Adhitya Wardhono & Panji Tirta Nirwana Putra & M. Abd. Nasir, 2016. "Causal study of macroeconomic indicators on carbon dioxide emission in ASEAN 5," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2016(2), pages 15-31.
    6. Mondal, Md Alam Hossain & Rosegrant, Mark & Ringler, Claudia & Pradesha, Angga & Valmonte-Santos, Rowena, 2018. "The Philippines energy future and low-carbon development strategies," Energy, Elsevier, vol. 147(C), pages 142-154.
    7. Tian, Xu & Dai, Hancheng & Geng, Yong & Huang, Zhen & Masui, Toshihiko & Fujita, Tsuyoshi, 2017. "The effects of carbon reduction on sectoral competitiveness in China: A case of Shanghai," Applied Energy, Elsevier, vol. 197(C), pages 270-278.
    8. Anan Wattanakuljarus, 2019. "Effects and burdens of a carbon tax scheme in Thailand," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 9(2), pages 173-219, June.
    9. Agaton, Casper, 2017. "Real Options Analysis of Renewable Energy Investment Scenarios in the Philippines," MPRA Paper 83478, University Library of Munich, Germany.
    10. Amin, Sakib & Jamasb, Tooraj & Llorca, Manuel & Marsiliani, Laura & Renström, Thomas I., 2022. "Decarbonisation policies and energy price reforms in Bangladesh," Energy Policy, Elsevier, vol. 170(C).
    11. Halkos, George & Managi, Shunsuke & Tsilika, Kyriaki, 2017. "Evaluating a continent-wise situation for capital data," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 57-74.
    12. Wang, Qian & Hubacek, Klaus & Feng, Kuishuang & Wei, Yi-Ming & Liang, Qiao-Mei, 2016. "Distributional effects of carbon taxation," Applied Energy, Elsevier, vol. 184(C), pages 1123-1131.
    13. Rogel Angelo A. Rebualos & Yogi Tri Prasetyo & Maela Madel L. Cahigas & Reny Nadlifatin & Ma. Janice J. Gumasing & Irene Dyah Ayuwati, 2024. "Investigating Factors Affecting the Purchase Intention in Petroleum Stations Implementing Sustainable Practices: A Pro-Environmental Behavior Approach with a Consideration of Sustainable Initiatives K," Sustainability, MDPI, vol. 16(10), pages 1-28, May.
    14. Raei, Hasan & Maleki, Abbas & Farajzadeh, Zakariya, 2024. "Analysis of energy policy reform in Iran: Energy and emission intensity changes," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 1535-1557.
    15. Halkos, George E. & Papageorgiou, George J., 2017. "A dynamic game with feedback strategies for internalizing externalities," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 147-157.
    16. de Bruin, Kelly & Yakut, Aykut Mert, 2024. "Efficiency–equity trade-off in the Irish carbon tax: A CGE investigation of mixed revenue recycling schemes," Economic Modelling, Elsevier, vol. 134(C).
    17. Nong, Duy & Nguyen, Trung H. & Wang, Can & Van Khuc, Quy, 2020. "The environmental and economic impact of the emissions trading scheme (ETS) in Vietnam," Energy Policy, Elsevier, vol. 140(C).
    18. Aiwen Zhao & Xiaoqian Song & Jiajie Li & Qingchun Yuan & Yingshun Pei & Ruilin Li & Michael Hitch, 2023. "Effects of Carbon Tax on Urban Carbon Emission Reduction: Evidence in China Environmental Governance," IJERPH, MDPI, vol. 20(3), pages 1-19, January.
    19. Yang, Mian & Hong, Yili & Yang, Fuxia, 2022. "The effects of Mandatory Energy Efficiency Policy on resource allocation efficiency: Evidence from Chinese industrial sector," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 513-524.
    20. Tri Purwaningsih, Vitriyani & Widodo, Tri, 2019. "Applying Tax Rate of 33,33% on Primary Energy in Indonesia," MPRA Paper 91315, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anan Wattanakuljarus, 2019. "Effects and burdens of a carbon tax scheme in Thailand," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 9(2), pages 173-219, June.
    2. Dorothee Boccanfuso & Antonio Estache & Luc Savard, 2011. "The Intra-country Distributional Impact of Policies to Fight Climate Change: A Survey," Journal of Development Studies, Taylor & Francis Journals, vol. 47(1), pages 97-117.
    3. Alberto Gago & Xavier Labandeira & Xiral López Otero, 2014. "A Panorama on Energy Taxes and Green Tax Reforms," Hacienda Pública Española / Review of Public Economics, IEF, vol. 208(1), pages 145-190, March.
    4. Nils Ohlendorf & Michael Jakob & Jan Christoph Minx & Carsten Schröder & Jan Christoph Steckel, 2018. "Distributional Impacts of Climate Mitigation Policies - a Meta-Analysis," Discussion Papers of DIW Berlin 1776, DIW Berlin, German Institute for Economic Research.
    5. Arief Anshory Yusuf & Budy P. Resosudarmo, 2007. "On the Distributional Effect of Carbon Tax in Developing Countries: The Case of Indonesia," Working Papers in Economics and Development Studies (WoPEDS) 200705, Department of Economics, Padjadjaran University, revised Aug 2007.
    6. Rakhmindyarto, Rakhmindyarto & Setyawan, Dhani, 2020. "Understanding the political challenges of introducing a carbon tax in Indonesia," MPRA Paper 111586, University Library of Munich, Germany, revised 02 Aug 2020.
    7. Li, Aijun & Du, Nan & Wei, Qian, 2014. "The cross-country implications of alternative climate policies," Energy Policy, Elsevier, vol. 72(C), pages 155-163.
    8. Julien Lefevre, 2018. "Modeling the Socioeconomic Impacts of the Adoption of a Carbon Pricing Instrument – Literature review," CIRED Working Papers hal-03128619, HAL.
    9. Lawrence H. Goulder, 1992. "Do the Costs of a Carbon Tax Vanish When Interactions With Other Taxes are Accounted For?," NBER Working Papers 4061, National Bureau of Economic Research, Inc.
    10. Nils Ohlendorf & Michael Jakob & Jan Christoph Minx & Carsten Schröder & Jan Christoph Steckel, 2021. "Distributional Impacts of Carbon Pricing: A Meta-Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 78(1), pages 1-42, January.
    11. Ronald D. Sands, Katja Schumacher, and Hannah Forster, 2014. "U.S. CO2 Mitigation in a Global Context: Welfare, Trade and Land Use," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    12. Anan Wattanakuljarus, 2021. "Diverse effects of fossil fuel subsidy reform on industrial competitiveness in Thailand," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(3), pages 489-517, September.
    13. Rahel Aichele, 2013. "Trade, Climate Policy and Carbon Leakage - Theory and Empirical Evidence," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 49.
    14. Maruf Rahman Maxim & Kerstin K. Zander, 2020. "Green Tax Reform in Australia in the Presence of Improved Environment-Induced Productivity Gain: Does It Offer Sustainable Recovery from a Post-COVID-19 Recession?," Sustainability, MDPI, vol. 12(16), pages 1-18, August.
    15. Heindl, Peter & Löschel, Andreas, 2015. "Social implications of green growth policies from the perspective of energy sector reform and its impact on households," ZEW Discussion Papers 15-012, ZEW - Leibniz Centre for European Economic Research.
    16. Baranzini, Andrea & Goldemberg, Jose & Speck, Stefan, 2000. "A future for carbon taxes," Ecological Economics, Elsevier, vol. 32(3), pages 395-412, March.
    17. Rahel Aichele & Gabriel Felbermayr, 2013. "Estimating the Effects of Kyoto on Bilateral Trade Flows Using Matching Econometrics," The World Economy, Wiley Blackwell, vol. 36(3), pages 303-330, March.
    18. Emilio Padilla & Jordi Roca, 2004. "The Proposals for a European Tax on CO 2 and Their Implications for Intercountry Distribution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 27(3), pages 273-295, March.
    19. W. J. McKibbin & T. J. Bok, "undated". "The Impact on the Asia-Pacific Region of Fiscal Policy of the United States and Japan," Discussion Papers 120, Brookings Institution International Economics.
    20. Ditya A Nurdianto & Budy P Resosudarmo, 2014. "ASEAN Economic community and climate change," Departmental Working Papers 2014-24, The Australian National University, Arndt-Corden Department of Economics.

    More about this item

    Keywords

    Climate change; CGE modelling; Philippine policy response;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecanpo:v:48:y:2015:i:c:p:222-237. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/economic-analysis-and-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.