Energy Taxation as a Policy Instrument to Reduce CO2 Emissions: A Net Benefit Analysis

Boyd, Roy; Krutilla, Kerry; Viscusi, W. Kip

doi:10.1006/jeem.1995.1028

Cited by 90 publications

(38 citation statements)

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“…Besides that a large number of models exist that analyze environmental tax reform in a computable general equilibrium (see, for example, Ballard andMedema (1993), Goulder (1995a), Boyd, Krutilla and Viscusi (1995), Bovenberg and Goulder (1996) or Parry, Williams and Goulder (1999)). These models all incorporate many sectors and several factors, but they do not, with the exception of Böhringer and Rutherford (1997) 7 , address the topic of discriminating factor taxes within an environmental tax reform.…”

Section: Qwurgxfwlrqmentioning

confidence: 99%

Ecological Tax Reform with Exemptions for the Export Sector in a Two Sector Two Factor Model

Schleiniger

2000

SSRN Journal

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Section: Qwurgxfwlrqmentioning

confidence: 99%

Ecological Tax Reform with Exemptions for the Export Sector in a Two Sector Two Factor Model

Schleiniger

2000

SSRN Journal

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“…Furthermore there are a couple of one-country applications like the models of Boyd et al (1995), Glomsrød et al (1992) and Proost/Van Regemorter (1995) which try an integrated assessment of alternative policy options. The acidification problem was addressed mainly by one-country approaches like the model of Bergman et al (1995), Glomsrød et al (1992), Boyd et al (1995) and Conrad/Schröder (1991a).…”

Section: The State Of the Artmentioning

confidence: 99%

“…The acidification problem was addressed mainly by one-country approaches like the model of Bergman et al (1995), Glomsrød et al (1992), Boyd et al (1995) and Conrad/Schröder (1991a). There is a wide range of model developments that do not handle the environmental consequences explicitly but deal with the topic in purely economic terms.…”

Section: The State Of the Artmentioning

confidence: 99%

Double Dividend of Climate Protection and the Role of International Policy Coordination in the EU — An Applied General Equilibrium Analysis with the GEM-E3 Model

Conrad

Schmidt

1999

Man-Made Climate Change

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Non-technical summaryNational economic concerns still hinder the implementation of effective policy measures that would enable a significant reduction of greenhouse gas emissions. Considering other economic problems like unemployment, the enforcement of Maastricht criterions and highly tensed social security systems, the global warming issue seems to be of less priority on the political agenda of EU governments. Nevertheless, the international political pressure forces policy-makers to do something and show at least political willingness. One frequently mentioned instrument that might enable governments to escape the dilemma is the idea of an environmental tax reform. The hope that advocats have in mind is to obtain two positive effects at the same time (double dividend): a decrease in greenhouse gas emissions and an increase in employment and/or consumer welfare.Our analysis shows that, from an empirical point of view, obtaining an economic dividend in terms of welfare by undertaking an 'intelligent' environmental tax reform remains at least possible, but relying on it seems rather optimistic as there are numerous uncertain influences that might alter the sign of the welfare effect. Obtaining an economic dividend in terms of employment seems to be more robust. But, the hope that an environmental tax reform might contribute substantially to solve the problem of unemployment melts away. AbstractWhile there is some hope that the ongoing climate change negotiations will soon come up with concrete, time scheduled and binding emission reduction commitments, the question of how to achieve these targets is still unsolved. The objective of this paper is to analyse alternative settings of an environmental tax reform and its economic and environmental impacts on the EU. The methodological framework used is based on a multi-country and multi-sectoral computable general equilibrium model for eleven EU-member states. The emphasis of the analysis lies on the institutional setting of a carbon dioxide reduction policy and on the specification of the labour market. The institutional settings analysed are related to the degree of environmental policy coordination. As standard neo-classics neglegt the problem of unvoluntary unemployment, we relax this restriction in the second part of the analysis in order to test alternative (more rigid) labour market specifications. The major findings of the paper can be summarized as follows: 1) There is some potential for a double dividend in the EU. 2) Coordination beats not always unilateral actions. 3) Labour market rigidities play a crucial role to both, the double dividend and the coordination issue. AcknowledgementThis research is based on two modelling projects financed by the JOULE-II programme of the European Comission (DGXII). We are indebted to Pantelis Capros, Takis Georgakopoulos (NTUA-Athens) Stef Proost and Denise Van Regemorter (CES at the Katholic University of Leuven), who are co-developers of the model GEM-E3. Nevertheless, we take responsibility for all errors and omission...

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“…Specific Chilean applications include an exploration of the potential for an environmental double dividend from substituting environmental taxes for trade taxes and an estimation of the impact of trade liberalisation on environmental degradation and public health . While this is not the first use of an economy-wide model for assessing ancillary benefits of climate policy (see Boyd et al, 1995, for a US application), it is to our knowledge the first use of such a model for this purpose in a developing country.…”

Section: The Chile Data and Modelmentioning

confidence: 99%

Climate Policy Without Tears

1999

OECD Development Centre Working Papers

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Energy Taxation as a Policy Instrument to Reduce CO2 Emissions: A Net Benefit Analysis

Cited by 90 publications

References 0 publications

Ecological Tax Reform with Exemptions for the Export Sector in a Two Sector Two Factor Model

Ecological Tax Reform with Exemptions for the Export Sector in a Two Sector Two Factor Model

Double Dividend of Climate Protection and the Role of International Policy Coordination in the EU — An Applied General Equilibrium Analysis with the GEM-E3 Model

Climate Policy Without Tears

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