Category

Number of Access this item:1,362（2024-04-27 02:14 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/10086/16274

Link to primary information 

File Format Size Views Description
cover_16274 pdf
0100802101 pdf 194 KB 1,276

Item Information

Output File

Title
Green taxes and double dividends in a dynamic economy
Creator
Creator Name
Kawaguchi, Daiji Kawaguchi, Daiji
川口, 大司 川口, 大司
Affiliation
Affiliation Name
Osaka University
Creator Name
Glomm, Gerhard Glomm, Gerhard
Affiliation
Affiliation Name
Indiana University
Creator Name
Sepulveda, Facundo Sepulveda, Facundo
Affiliation
Affiliation Name
The Australian National University
Rights
Copyright © 2007 Society for Policy Modeling Published by Elsevier Inc. The definitive version is published in Journal of Policy Modeling [Volume 30, Issue 1], January-February 2008, DOI:10.1016/j.jpolmod.2007.09.001 .
Key Word
Green tax
Dynamic economy
Double dividends
JEL
H23
J90
E62
Abstract
This paper examines a revenue neutral green tax reform along the lines of the Double Dividend hypothesis. Using a dynamic general equilibrium model calibrated to the US economy, we find that increasing gasoline taxes and using the revenue to reduce capital income taxes does indeed deliver both types of welfare gains: from higher consumption of market goods ( an efficiency dividend), and from a better environmental quality (a green dividend), even though in the new steady state environmental quality may worsen. We also find that, given the available evidence on how much households are willing to pay for improvements in air quality, the size of the green dividend is very small in absolute magnitude, and much smaller than the efficiency dividend.
Publisher
Elsevier Science B.V.
Issued Date
2008-01
Language
English(eng)
Resource Type
journal article
Version Type
AM
Is Version OfRelation -
Related Identifier
DOI
  10.1016/j.jpolmod.2007.09.001
ISSN
0161-8938
NCID
AA0025902X
Source Title
Journal of Policy Modeling
Volume Number
30
Issue Number
1
Page Start
19
Page End
32
Appears in Collections
010a Journal Articles　=　雑誌掲載論文
URL
https://hdl.handle.net/10086/16274