Showing 1 - 10 of 88
This paper analyses the non-environmental welfare costs of an environmental tax reform using a numerical intertemporal general equilibrium model for the Norwegian economy. The tax reform is revenue neutral such that an increase in the carbon tax rate is accompanied by a reduction in the payroll...
Persistent link: https://www.econbiz.de/10011967957
The working of the labour market is important for the total welfare effects of tax reforms. This paper analyses, by using a computable general equilibrium model for the Norwegian economy, how different assumptions about labour mobility between industries and wage formation influence the...
Persistent link: https://www.econbiz.de/10011968013
Recently, it has been demonstrated that pre-existing distortionary taxes can substantially increase the costs of market-based instruments which do not raise revenue, such as non-auctioned emissions quotas. Revenue-raising market-based policy tools, such as carbon taxes, encounter other problems:...
Persistent link: https://www.econbiz.de/10011968031
A disaggregated intertemporal CGE model is used to simulate the welfare effects in Norway of the recently implemented trade reforms including the WTO agreement, the EEA treaty, the EFTA fishery agreement and an anticipated EEA resolution on shipbuilding. These reforms affect the Norwegian...
Persistent link: https://www.econbiz.de/10011968021
The effects on the degree of equality of reforms in indirect taxation are analysed by using a microsimulation model of the Norwegian economy subsequent to a CGE model. The two main reforms studied are substitution of a uniform VAT rate on all goods and services and substitution of the...
Persistent link: https://www.econbiz.de/10011968162
Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economywide policies. The current course of environment and energy policy debate in the United States, however, suggests an alternative outcome: inefficiently...
Persistent link: https://www.econbiz.de/10005448654
Emissions regulations like carbon pricing raise the price of covered sector goods and thus can interact with and exacerbate other preexisting distortions in the economy. One such distortion is labor taxes. Another is emissions “leakage” due to the lack of comparable emissions pricing abroad...
Persistent link: https://www.econbiz.de/10008458082
The environmental drag is the cost to society of environmental constraints. This paper estimates the long-run environmental drag on the Norwegian economy. We employ a model called DREAM (dynamic resource / environmental applied model). This is an applied general equilibrium model extended to...
Persistent link: https://www.econbiz.de/10011967915
This paper assesses effects of the last decade's multinational liberalisation of foreign trade, in terms of economic gains and in terms of pollution. By means of a disaggregated intertemporal CGE model for Norway two scenarios with and without the trade reforms are compared. Despite a slight...
Persistent link: https://www.econbiz.de/10011968068
Efficient capital taxation has been one of the most important objectives for large tax reforms implemented in several countries during the last decades. The Norwegian Tax reform of 1992 took a large step towards tax neutrality between the different capital types and uses. However, housing...
Persistent link: https://www.econbiz.de/10011968076