Metcalf, Gilbert; Babiker, Mustafa; Reilly, John - In: Topics in Economic Analysis & Policy 4 (2004) 1, pp. 1275-1275
A weak double-dividend is the proposition that the welfare improvement from a green tax reform, where the revenue from an environmental tax is used to reduce other tax rates, must be greater than the welfare improvement from a reform where the environmental taxes are returned in a lump sum...