Showing 21 - 30 of 109
This paper analyzes the environmental tax policy issues when labor is heterogeneous. The objective is to assess whether an environmental tax policy could be Pareto improving, when the revenue of the pollution tax is recycled by a change in the labor tax properties. We show that, depending on the...
Persistent link: https://www.econbiz.de/10010603929
European countries have increased their use of environmental tax instruments by designing new tax bases. But, many countries have to face the opposition of the public opinion, for fear of the distributive consequences of these environmental tax reforms. This paper sheds light on the distributive...
Persistent link: https://www.econbiz.de/10010558543
Persistent link: https://www.econbiz.de/10010861799
This article analyzes the consequences on capital accumulation and environmental quality of environmental policies financed by public debt. A public sector of pollution abatement is financed by a tax or by public debt. We show that if the initial capital stock is high enough, the economy...
Persistent link: https://www.econbiz.de/10010862779
This paper analyzes the environmental tax policy issues when labor is heterogeneous. The objective is to assess whether an environmental tax policy could be Pareto improving, when the revenue of the pollution tax is recycled by a change in the labor tax properties. We show that, depending on the...
Persistent link: https://www.econbiz.de/10010898148
The aim of this paper is to examine whether the development of waste recycling activities can be a source of economic fluctuations. We assume that the recycling sector has four fundamental characteristics. (i) The production factors are restricted by the production of the last period. (ii) These...
Persistent link: https://www.econbiz.de/10010852361
This article investigates the conditions under which deterministic cycles can emerge in a discrete-time model with infinitely lived agents and when the economy is characterized by two sectors producing two perfectly substitutable goods: a virgin good and a recycled one. The occurrence of...
Persistent link: https://www.econbiz.de/10010928116
This article analyzes the consequences on capital accumulation and environmental quality of environmental policies financed by public debt. A public sector of pollution abatement is financed by a tax and/or public debt. We show that if the initial capital stock is high enough, the economy...
Persistent link: https://www.econbiz.de/10010930182
The double dividend literature studies the simultaneous pursuit of two objectives: improved quality of the environment through the implementation of an environmental tax (first dividend) and increased social welfare by reducing overall tax distortions (second dividend). This paper investigates...
Persistent link: https://www.econbiz.de/10009019554
Pay as-you-go social security schemes will face increasing difficulties in the next few years due to population aging, which results from both extension of life expectancy and sharp decrease in fertility rates. The purpose of this paper is to evaluate within a computable general equilibrium...
Persistent link: https://www.econbiz.de/10008794891