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281 Price impact of Carbon tax estimated the increase in energy and material prices, as a result of the introduction of carbon tax (Sandu, 2007) Price impact of carbon tax show the value added costs ([.]

281 Price impact of Carbon tax estimated the increase in energy and material prices, as a result of the introduction of carbon tax (Sandu, 2007) Price impact of carbon tax show the value-added costs (V, measured in million$) and input-output price model (I – A’)-1 P = (I – A’)-1 V (A-5) Equation A-5 is the standard Leontief’s input–output price model (see table D-7, Appendix D, p , for the derivation of this equation) This equation is suitable for research use because it can be used to “assess the impact of prices throughout the economy to increase value-added costs in one or more sectors” (Dixon & Rimmer 2000; Kula1998; Melvin1979; Miller&Blair1985, p.356) Similar to the price impact of carbon tax, the employment impact of carbon tax is calculated on the basis of the matrix (I – A’)-1 and the corresponding number of employees (measured in persons) E = (I –A’)-1 e (A-6)

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