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This article analyzes the consequences of environmental tax policies when the government imposes a constraint on stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a simple overlapping-generations model, the tax reform...
Persistent link: https://www.econbiz.de/10010933863
This article analyzes the consequences on capital accumulation and environmental quality of environmental policies financed by public debt. A public sector of pollution abatement is financed by a tax and/or public debt. We show that if the initial capital stock is high enough, the economy...
Persistent link: https://www.econbiz.de/10010930182
Persistent link: https://www.econbiz.de/10009976102
This article analyzes the consequences of environmental tax policies when the government imposes a constraint on stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a simple overlapping-generations model, the tax reform...
Persistent link: https://www.econbiz.de/10010798413
This article analyzes the consequences of environmental tax policy under public debt stabilization constraint. A public sector of pollution abatement is financed by a tax on pollutant emissions and/or by public debt. At the same time, households can also invest in private pollution abatement...
Persistent link: https://www.econbiz.de/10011121056
[fre] L’objectif de ce travail est l’étude du traitement optimal des déchets nucléaires. Nous analysons la politique d’enfouissement des déchets radioactifs en prenant en considération un risque futur de déstockage accidentel des déchets préalablement enfouis. Nous montrons que,...
Persistent link: https://www.econbiz.de/10010977871
The aim of this paper is to examine whether the development of waste recycling activities can be a source of economic fluctuations. We assume that the recycling sector has four fundamental characteristics. (i) The production factors are restricted by the production of the last period. (ii) These...
Persistent link: https://www.econbiz.de/10010852361
Persistent link: https://www.econbiz.de/10010861799
Persistent link: https://www.econbiz.de/10010939352
This article investigates the conditions under which deterministic cycles can emerge in a discrete-time model with infinitely lived agents and when the economy is characterized by two sectors producing two perfectly substitutable goods: a virgin good and a recycled one. The occurrence of...
Persistent link: https://www.econbiz.de/10010928116