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Agricultural Carbon Taxation, Food Prices, and Financial vulnerability: An Empirical Framework with Endogenous Balance Sheets
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DOI：10.1016/j.econmod.2026.107725.png)
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Abstract
En 中文
• We study the impact of carbon taxation on farmers’ balance sheets in a macro model. • Different carbon tax strategies shift the tax-burden between farmers and consumers. • Financial vulnerability arise when farmers bear most of the carbon-tax burden. • Low interest rates allow shifting the carbon tax burden from consumers to farmers. • Effects of agricultural carbon taxes depend on interest rate conditions.
Keywords:
Empirical Stock-Flow-consistent models
Input-Output modelling
Agriculture emissions
Carbon taxation
Financial vulnerability
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