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Environmental impacts of coal subsidies in Turkey: A general equilibrium analysis

Acar, Sevil; Yeldan, A. Erinc


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        "affiliation": "Istanbul Kemerburgaz Univ, Dept Econ, TR-34217 Istanbul, Turkey", 
        "name": "Acar, Sevil"
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        "affiliation": "Bilkent Univ, Dept Econ, TR-06800 Ankara, Turkey", 
        "name": "Yeldan, A. Erinc"
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    "description": "In this study we aim at providing an analytical framework for Turkey to study the macroeconomics and environmental impacts of the existing coal subsidization scheme. To this end we develop a regionally differentiated applied general equilibrium model spanning over 2015-2030. Our analytical apparatus focuses exclusively on the fiscal implications as well as the environmental repercussions of the removal of the subsidies on greenhouse gas emissions. With the aid of a set of alternative policy scenarios against a \"business as usual\" path, we study the regional and sectorial performances of growth, employment, investment and capital accumulation, consumption/welfare and trade balance. Our results indicate that by simple elimination of the coal subsidization scheme, Turkey can reduce its aggregate gaseous emissions by as much as 5% without a significant loss in its GDP. (C) 2015 Elsevier Ltd. All rights reserved.", 
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      "title": "ENERGY POLICY", 
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