haku: @indexterm Equilibrium analysis / yhteensä: 508
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| Tekijä: | Babiker, M. H. Metcalf, G. E. Reilly, J. |
| Otsikko: | Tax Distortions and Global Climate Policy |
| Lehti: | Journal of Environmental Economics and Management
2003 : SEP, VOL. 46:2, p. 269-287 |
| Asiasana: | ENVIRONMENTAL POLICY ENVIRONMENTAL ECONOMICS ENVIRONMENTAL PROTECTION TAXATION EQUILIBRIUM ANALYSIS |
| Kieli: | eng |
| Tiivistelmä: | The authors consider the efficiency implications of policies to reduce global carbon emissions in a world with preexisting tax distortions. The authors first note tha the weak double dividend, the proposition that the welfare improvement from a tax reform where environmental taxes are used to lower distorting taxes must be greater than the welfare improvement from a reform where the environmental taxes are returned in a lump sum fashion, need not hold in a world with multiple distortions. The authors then present a large-scale computable general equilibrium model of the world economy with distortionary taxation. The authors use this model to evaluate a number of policies to reduce carbon emissions. |
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