CCPortal
DOI10.1016/j.jeem.2024.102950
Implicit carbon prices Making do with the taxes we have
发表日期2024
ISSN0095-0696
EISSN1096-0449
起始页码125
卷号125
英文摘要Climate and fiscal policy interact closely. The former imposes explicit prices for carbon emissions, while the latter affects emissions implicitly. We study the correspondence between explicit and implicit carbon pricing of a Ramsey -optimal fiscal policy in a neoclassical growth model of climate change. Our central result is that any arbitrary sequence of explicit carbon prices can be achieved implicitly through a blend of conventional taxes (e.g., consumption, energy, and income taxes), when lump -sum transfers are available. In a Ramsey setting, policy balances these taxes' traditional revenue -raising role with the Pigouvian role of fixing the climate externality. We characterize the Ramsey and Pigouvian components of optimal tax rates. We show that explicit carbon pricing is implicitly implementable through a mix of conventional taxes also in this framework. We extend these findings to scenarios compatible with net -zero emissions, adding carbon capture technologies and a cap on cumulative emissions.
英文关键词Fiscal policy; Optimal taxation; Tax equivalence; Implicit carbon prices
语种英语
WOS研究方向Business & Economics ; Environmental Sciences & Ecology
WOS类目Business ; Economics ; Environmental Studies
WOS记录号WOS:001210355000001
来源期刊JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/292110
作者单位Universidad Torcuato Di Tella; Vienna University of Economics & Business; International Institute for Applied Systems Analysis (IIASA)
推荐引用方式
GB/T 7714
. Implicit carbon prices Making do with the taxes we have[J],2024,125.
APA (2024).Implicit carbon prices Making do with the taxes we have.JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT,125.
MLA "Implicit carbon prices Making do with the taxes we have".JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 125(2024).
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
百度学术
百度学术中相似的文章
必应学术
必应学术中相似的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。