An assessment of the determinants of business competitiveness and the role of carbon pricing policy in the UK

Descriptions

This research will consist of two phases. The first ('Phase 1') seeks to: i) develop a systematic and holistic framework of the determinants of business competitiveness; ii) develop an approach for measuring competitiveness (through a metric or set of metrics); and iii) as part of the above, establish how, and the extent to which, carbon pricing policy influences business competitiveness. We expect this work to be supported by a review of relevant literature on competitiveness both in the UK and globally. The second phase ('Phase 2') seeks to apply the framework developed in Phase 1 through quantitative modelling of the impacts of scenarios for UK carbon pricing policy on the competitiveness of businesses within scope - specifically drawing out the impacts of scenarios for a UK Emissions Trading System (ETS) on competitiveness.