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Author:Lighhart, J.
Ploeg, F. van der
Title:Environmental policy, tax incidence, and the cost of public funds
Journal:Environmental and Resource Economics
1999 : MAR, VOL. 13:2, p. 187-207
Index terms:ENVIRONMENT
POLICY
TAXATION
Language:eng
Abstract:This paper studies under what conditions a "double dividend" may occur in the sense that both environmental quality and employment rise. A simple static general equilibrium model is employed in which tax policy faces the dual task of internalising a negative environmental externality and raising revenue to finance public consumption. The model features a clearing labor market with both labor demand and supply and a fixed factor of production (e.g. capital).
SCIMA record nr: 194204
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