Rutger Teulings

CBAM, de nieuwe Europese CO2-invoerheffing, beprijst een negatief extern effect: CO2-uitstoot. De CBAM zorgt dat er minder CO2-uitstoot uit de EU ‘weglekt’. CPB’er Rutger Teulings gaat hier dieper op in. →

Starting in 2026, the EU is gradually introducing a carbon import tax at the EU border (CBAM), to counter carbon emissions relocation to outside the EU. CBAM reduces this carbon leakage by about one-third. →

Firms face various trade costs that affect their international competitiveness. These include not only direct tariffs on imports and exports but also less obvious indirect tariffs imposed at different points in the... →

We introduce two novel tools to enhance our understanding of international trade. Through the trade cost index, we compute the complete trade costs within a value chain. With the new gravity model that also incorporates... →

Interest rates have been trending downward since at least 1980s in developed economies, including the euro area. In fact, real rates (the real rate is the interest rate adjusted for inflation) are now at historically low levels. →