Economics of Climate Policy Impacts

This book provides detailed guidelines for appliedpolicy modeler showing all steps in conducting aresearch. It starts with data base construction inform of social accounting matrix (SAM) continueswith computable general equilibrium (CGE) modelingand concludes with potential policy analysis. Although the analyzed case study is for Israel theresearch structure presented in the book can beeasily adapted for any other small open economy. Itis particularly relevant in face of ongoingnegotiations for Kyoto-protocol successor. Thepolicymakers should be guided by clear principlesbased on rigorous analytic foundations and a commonunderstanding of the key challenges. Climate policyanalysis based on applied general equilibriummodeling as presented in the book suppliesnecessary policy recommendations driven bycomprehensive analytical framework.