## dataset overview

## Source details

**Canonical URL:** [dataset overview](https://www.imf.org/-/media/files/publications/esr/2022/data/ch2data.xlsx)

## Other formats

- [Markdown version](/-/media/files/publications/esr/2022/data/ch2data.xlsx.md)
- [Structured JSON version](/-/media/files/publications/esr/2022/data/ch2data.xlsx.json)

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### Carbon weights (Figure 2.1)
- Panel 1: Carbon
  - EUW: 0.052537
  - JPN: 0.061264
  - USA: 0.067963
  - AUS: 0.071897
  - OEC: 0.083733
  - ROW: 0.130891
  - OPC: 0.150619

### Long-run scenario trajectories (Figure 2.2)
- Panel 1 (year labels include 2022 and subsequent indices)
- (1) Baseline (selected values)
  - 2022: 35.06596627
  - 23: 36.07083
  - 24: 36.82881
  - 25: 37.52213
  - 26: 38.18142
  - 27: 38.85363
  - 28: 39.57995
  - 29: 40.38607
  - 30: 41.26475
  - 31: 42.19639
- (2) 1 + impact of carbon tax (selected values)
  - 2022: 35.066
  - 23: 34.818
  - 24: 34.471
  - 25: 33.64
  - 26: 32.818
  - 27: 32.241
  - 28: 31.957
  - 29: 31.922
  - 30: 32.049
  - 31: 32.257
- (3) 2 + impact of green subsidy (selected values)
  - 2022: 35.066
  - 23: 34.812
  - 24: 34.328
  - 25: 33.274
  - 26: 32.207
  - 27: 31.408
  - 28: 30.955
  - 29: 30.812
  - 30: 30.885
  - 31: 31.08
- (4) 3 + impact of infrastructure (selected values)
  - 2022: 35.066
  - 23: 34.715
  - 24: 33.464
  - 25: 31.174
  - 26: 28.691
  - 27: 26.525
  - 28: 24.892
  - 29: 23.825
  - 30: 23.227
  - 31: 22.978

### Country-level impacts: investment, savings, CA, RER (Figure 2.3 and Figure 2.5)
- Figure 2.3 Panel values (I = Investment, S = Savings, CA = Current account, RER = Real exchange rate)
  - JPN: I = -0.1; S = -2.7; CA = -2.5; RER = 2.2
  - EUW: I = -0.2; S = -1.6; CA = -1.3; RER = 1.5
  - USA: I = -0.8; S = -1.8; CA = -0.8; RER = 2.7
  - CHN: I = -2.1; S = -2; CA = 0.3; RER = -1.4
  - AUS: I = -2.7; S = -2.2; CA = 0.8; RER = -3.1
- Figure 2.5 Panel values (I, S, CA, RER) under an unspecified scenario
  - EUW: I = 0.558; S = 0.372; CA = -0.248; RER = 0.52
  - JPN: I = 0.164; S = 0.23; CA = 0.059; RER = 0.3
  - USA: I = 0.07; S = 0.139; CA = 0.051; RER = -0.188
  - OEC: I = 0.048; S = 0.201; CA = 0.1; RER = -0.297
  - CHN: I = 0.034; S = 0.099; CA = 0.053; RER = 0.048
  - IND: I = 0.03; S = 0.01; CA = -0.056; RER = 0.192

### Carbon tax revenue and trade/current-account effects (Figure 2.4)
- Panel 1: Carbon tax revenue; Panel 2: Current account; Fossil fuel trade balance; Current account (duplicate column)
  - USA: Carbon tax revenue = 0.362912; Current account = -0.8274; Fossil fuel trade balance = 0.186304907; Current account (duplicate) = -0.827398
  - JPN: Carbon tax revenue = 0.219884; Current account = -2.50689; Fossil fuel trade balance = -1.25254264; Current account (duplicate) = -2.506889
  - AUS: Carbon tax revenue = 0.230404; Current account = 0.831267; Fossil fuel trade balance = 2.318044751; Current account (duplicate) = 0.8312667
  - EUW: Carbon tax revenue = 0.162014; Current account = -1.28039; Fossil fuel trade balance = -0.95338938; Current account (duplicate) = -1.280389
  - OEC: Carbon tax revenue = 0.546196; Current account = 2.066042; Fossil fuel trade balance = 3.036160436; Current account (duplicate) = 2.0660417
  - CHN: Carbon tax revenue = 0.506339; Current account = 0.311897; Fossil fuel trade balance = -1.19488936; Current account (duplicate) = 0.3118966

### Policy component contributions and country aggregates (Figure 2.7 and Figure 2.8)
- Figure 2.7 Panel 1 (I impacts) and Panel 2 (CA impacts) — selected entries
  - EUW: Carbon tax = -0.2; Green subsidy = 0.6; Infrastructure = 1.7; Aggregate = 2
    - CA impacts: Carbon tax = -1.6; Green subsidy = 0.4; Infrastructure = 1.6; Aggregate = 0.4
  - JPN: Carbon tax = -0.1; Green subsidy = 0.2; Infrastructure = 1.7; Aggregate = 1.8
    - CA impacts: Carbon tax = -2.7; Green subsidy = 0.2; Infrastructure = 2.2; Aggregate = -0.3
  - USA: Carbon tax = -0.8; Green subsidy = 0.1; Infrastructure = 0.2; Aggregate = -0.5
    - CA impacts: Carbon tax = -1.8; Green subsidy = 0.1; Infrastructure = 0.4; Aggregate = -1.2
  - CHN: Carbon tax = -2.1; Green subsidy = 0; Infrastructure = 1; Aggregate = -1.1
    - CA impacts: Carbon tax = -2; Green subsidy = 0.1; Infrastructure = 0.9; Aggregate = -1
  - IND: Carbon tax = -3.1; Green subsidy = 0; Infrastructure = 1.3; Aggregate = -1.7
    - CA impacts: Carbon tax = -1.5; Green subsidy = 0; Infrastructure = 1; Aggregate = -0.5
  - OEC: Carbon tax = -4.6; Green subsidy = 0; Infrastructure = 2.6; Aggregate = -2
    - CA impacts: Carbon tax = -3; Green subsidy = 0.2; Infrastructure = 3.5; Aggregate = 0.8
- Figure 2.8 (coordinated vs Europe-only; CA1, CA2)
  - JPN: Coordinated = -0.06357; Europe only = 0.157649; CA1 = -2.507; CA2 = -0.284
  - EUW: Coordinated = -0.19763; Europe only = -0.80024; CA1 = -1.28; CA2 = 0.411
  - USA: Coordinated = -0.78631; Europe only = 0.085726; CA1 = -0.827; CA2 = -0.199
  - CHN: Coordinated = -2.13087; Europe only = 0.060034; CA1 = 0.312; CA2 = -0.139

### Emissions reductions vs current-account changes (Figure 2.9)
- Change in CO2 emissions reduction and Change in current account
  - JPN: Change in CO2 emmisions reduction = 19.5; Change in current account = 0.5
  - EUW: Change in CO2 emmisions reduction = 18.7; Change in current account = 0.3
  - USA: Change in CO2 emmisions reduction = 13.8; Change in current account = 0.4
  - CHN: Change in CO2 emmisions reduction = -5.9; Change in current account = -0.1
  - IND: Change in CO2 emmisions reduction = -7.1; Change in current account = -0.1

### GDP, GDP per capita, and average current-account deviation (Figure 2.11)
- USA: Average current account deviation = -0.83; GDP per capita = 74940.87; GDP = 24979500000000
- EUW: Average current account deviation = -1.28; GDP per capita = 42386.59; GDP = 22389900000000
- AUS: Average current account deviation = 0.83; GDP per capita = 63619.25; GDP = 1648700000000
- JPN: Average current account deviation = -2.51; GDP per capita = 40363.12; GDP = 5039610000000
- OEC: Average current account deviation = 2.07; GDP per capita = 54536.88; GDP = 2408200000000
- CHN: Average current account deviation = 0.31; GDP per capita = 13211.67; GDP = 18689300000000
- IND: Average current account deviation = 2.02; GDP per capita = 2367.965; GDP = 3327510000000

### Policy-average effects over horizons (Figure 2.12)
- 2023–33 average and 2043–53 average (selected policy channels)
  - Carbon tax: 2023–33 average = -0.28118; 2043–53 average = -0.59134
  - Green subsidy: 2023–33 average = 0.114839; 2043–53 average = 0.029546
  - Infrastructure: 2023–33 average = 0.933037; 2043–53 average = 0.117368

### Historical time series excerpts (Figure 2.1.1)
- Panel 1: year; I/GDP; CA/GDP
  - 1970: I/GDP = 27.99082; CA/GDP = -1.89003
  - 1971: I/GDP = 30.57337; CA/GDP = -3.63008
  - 1972: I/GDP = 28.85624; CA/GDP = -0.34282
  - 1973: I/GDP = 30.06234; CA/GDP = -1.63886
  - 1974: I/GDP = 31.79279; CA/GDP = -4.16997
  - 1975: I/GDP = 34.75706; CA/GDP = -7.6081
  - 1976: I/GDP = 37.08954; CA/GDP = -10.4584

*Dataset: ch2data (ESR Chapter 2 worksheets and figures).*

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_Source: https://www.imf.org/-/media/files/publications/esr/2022/data/ch2data.xlsx_