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Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10010508515
proportional taxation increases the cost of self-control, and that this adverse effect is more acute when public pensions become …
Persistent link: https://www.econbiz.de/10010391797
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10010496890
production taxation can be used for environmental protection through investment in emission mitigation. We show that, for any … given target of stationary stock of pollution, the land rent taxation scheme leads to a higher steady state capital … is relatively high compared to the dirtiness of production, the land rent taxation also provides a higher steady state …
Persistent link: https://www.econbiz.de/10011809898