Environmental policies under debt constraint
"This article analyzes the consequences of environmental tax policies when the government imposes a constraint on stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a simple overlapping-generations model, the tax refor...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Marseille
2014
AMSE |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19118174124919363569-environmental-policies-under-d.htm |
| _version_ | 1771659893697150976 |
|---|---|
| author | Fodha, Mouez Seegmuller, Thomas |
| author_facet | Fodha, Mouez Seegmuller, Thomas |
| collection | Library items |
| description | "This article analyzes the consequences of environmental tax policies when the government imposes a constraint on stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a simple overlapping-generations model, the tax reform stimulates steady-state investment. Then, the environmental quality and the aggregate consumption increase if and only if (i) pollution abatement is large enough and (ii) there is under-accumulation of the per capita capital stock. This arises if environmental taxation allows a decrease of either income taxation or debt-output ratio." |
| format | TEXT |
| id | 19118174124919363569_ac2ab8f60cda4268b27d78ac0495faea |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19118174124919363569_ac2ab8f60cda4268b27d78ac0495faea |
| is_hierarchy_title | Environmental policies under debt constraint |
| language | English |
| physical | 22 p. Digital |
| publishDate | 2014 |
| publisher | Marseille AMSE |
| spellingShingle | Fodha, Mouez Seegmuller, Thomas environmental policy income tax public debt tax reform Environmental policies under debt constraint |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=109109192738 |
| title | Environmental policies under debt constraint |
| topic | environmental policy income tax public debt tax reform |
| url | https://www.labourline.org/KENTIKA-19118174124919363569-environmental-policies-under-d.htm |