Spatial impact of carbon pricing in Japan: A quantitative spatial equilibrium analysis

Research Project

Project/Area Number	24K04837
Research Category	Grant-in-Aid for Scientific Research (C)
Allocation Type	Multi-year Fund
Section	一般
Review Section	Basic Section 07040:Economic policy-related
Research Institution	Hiroshima University
Principal Investigator	周義明広島大学, 人間社会科学研究科(社)東千田, 准教授 (20980303)
Project Period (FY)	2024-04-01 – 2028-03-31
Project Status	Granted (Fiscal Year 2024)
Budget Amount *help	¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000) Fiscal Year 2027: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000) Fiscal Year 2026: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000) Fiscal Year 2025: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000) Fiscal Year 2024: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Keywords	Carbon pricing / Spatial equilibrium / Quantitative analysis / Multi-region model / Counterfactual analysis
Outline of Research at the Start	Carbon pricing is an essential policy tool for reducing greenhouse gas emissions and achieving carbon neutrality by 2050. There is still little research examining the spatial impact of carbon pricing in Japan using the quantitative spatial economics approach. This study examines the spatial impact of carbon pricing on industrial production and household behavior, as well as its implications for carbon emission reduction and welfare in Japan.