Acar, S.Yeldan, Alp Erinç2018-04-122018-04-1220160301-4215http://hdl.handle.net/11693/36840In 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.EnglishClimate changeCoal subsidizationComputable general equilibriumRenewable energy resourcesAlternative energyRenewable resourceTurkeyArticle10.1016/j.enpol.2015.12.0031873-6777