Conefrey, Thomas; FitzGerald, John; Valeri, Laura Malaguzzi - Economic and Social Research Institute (ESRI) - 2008
This paper analyses the medium-term effects of a carbon tax on growth and CO2 emissions in Ireland, a small open economy. We find that a double dividend exists if the carbon tax revenue is recycled through reduced income taxes. If the revenue is recycled by giving a lump-sum transfer to...