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This chapter examines the economic and environmental effects of the interaction between regulated early closure of coal-fired power plants and new energy taxation rules on such plants using a dynamic general equilibrium model of the Portuguese economy. Simulation results show that regulated...
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Purpose: The purpose of this paper, on Portugal, is to determine the economic effects of public and private capital spending on health. Design/methodology/approach: The authors use a vector autoregressive model to estimate the elasticities and marginal products of health care investments in...
Persistent link: https://www.econbiz.de/10012186624
This paper examines the influence of fossil fuel prices on carbon dioxide emissions, economic activity, and the public sector account in Portugal. It uses a dynamic general equilibrium model which highlights the mechanisms of endogenous growth and includes a detailed modeling of the public...
Persistent link: https://www.econbiz.de/10010752928
This article explores the capacity for environmental fiscal reform to reduce carbon dioxide (CO2) emissions, stimulate economic performance, and promote fiscal sustainability. Simulation results suggest that reforms based on CO2 taxation stimulate gross domestic product (GDP) when tax revenues...
Persistent link: https://www.econbiz.de/10011135527