Showing 41 - 50 of 32,046
This paper is concerned with the problem of combining a non-linear income tax with an indirect externality correcting tax. The analysis is performed in a model economy with two types of individuals and two types of consumption goods. The government wants to redistribute from the more able...
Persistent link: https://www.econbiz.de/10005196921
If some, but not all, countries are cooperating to reduce CO2 emissions, it can be argued that: A high carbon tax on carbon-intensive tradable sectors in the cooperating countries will reduce the production of goods from these sectors, and therefore CO2 emissions, in those countries. This will...
Persistent link: https://www.econbiz.de/10005498029
This paper provides simple formulas for adjusting the costs of carbon taxes and tradable carbon permits to account for interactions with preexisting tax distortions in the labor market. Both policies reduce labor supply as they increase product prices and reduce real household wages; the...
Persistent link: https://www.econbiz.de/10005442607
This paper quantifies the costs of controlling SO2, carbon, and NOx emissions from power generation, accounting for interactions between environmental policies and the broader fiscal system. We distinguish a dirty technology (coal) that satisfies baseload demand and a clean technology (gas) that...
Persistent link: https://www.econbiz.de/10005448645
Most studies on the green tax reform issue point out that environmental taxes exacerbate pre-existing tax distortions, thereby increasing the welfare costs associated with the overall tax code. As a result, the optimal environmental tax should lie below the Pigovian level (or marginal social...
Persistent link: https://www.econbiz.de/10005510625
The purpose of this paper is to provide reasonable estimates for the welfare cost of environmental tax reform in the U.S. economy. Unlike most previous studies that empirically evaluate the deadweight cost of taxation, the model employed here considers explicitly the joint allocation of leisure...
Persistent link: https://www.econbiz.de/10005556916
This paper is intended as a step toward the development of theoretically founded and operational environmental taxation formula in a second-best world. Recent studies find that environmental taxes typically exacerbate pre-existing tax distortions and, therefore, the optimal pollution tax should...
Persistent link: https://www.econbiz.de/10005560960
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when …
Persistent link: https://www.econbiz.de/10012844204
address the key border-crossing externalities most directly; a ticket tax could raise more revenue; departure taxes face the …
Persistent link: https://www.econbiz.de/10012767309
countries to reduce greenhouse gas emissions and other negative externalities from road traffic. This study, however, shows that … a tax on fuel should be combined with heavier taxation of fuel-efficient vehicles to curb externalities from road … traffic. The tax on fuel is implemented to curb externalities linked to both consumption of fuel and road use. The heavier tax …
Persistent link: https://www.econbiz.de/10012928119