How does carbon tax affect social welfare and emission reduction in Finland?

Khastar, Mojtaba; Aslani, Alireza; Nejati, Mehdi

doi:10.1016/j.egyr.2020.03.001

Cited by 79 publications

(33 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Consequently, an increase in sharing of cars reduces CO 2 emissions. Khastar et al (2020) also point out that an adequate environmental tax level poses a mitigating effect on CO 2 emissions in the European Union countries. Furthermore, Reaños (2020) argue that carbon tax has a significant effect on CO 2 emissions.…”

Section: Literature Reviewmentioning

confidence: 96%

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

Hussain

Miao

Zhang

et al. 2021

Front. Environ. Sci.

View full text Add to dashboard Cite

This study investigates the effects of transport and environmental factors on transport carbon dioxide emissions (TCO2). It employs cross-sectional autoregressive distributed lags for the estimation in the short and long runs and examines the panel time-series data from 2000 to 2020 in the OECD countries. This method allows heterogeneity in the dependencies and slope parameters across the countries. The results demonstrate that road and railway traffic movements increase the amount of TCO2 in the short and long runs. In addition, transport energy consumption is the driving factor in releasing TCO2 in the long run. Moreover, the joint effect of locomotives and transport energy consumption significantly reduces TCO2 in the short run. By contrast, the findings support the argument that environmental expenditures and green transport mitigate TCO2 in the long run. The findings also show an inverted u-shaped relationship between TCO2 and transport energy consumption. With the empirical findings as a basis, we suggest that the OECD countries should reduce traffic movements and enhance the environmental expenditures so that they may produce green transport vehicles to combat environmental issues.

show abstract

Section: Literature Reviewmentioning

confidence: 96%

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

Hussain

Miao

Zhang

et al. 2021

Front. Environ. Sci.

View full text Add to dashboard Cite

show abstract

“…Furthermore, carbon taxes affect the GDP negatively and affect economic growth [25,26]. Finally, regarding the effects of the carbon tax on residents' welfare, Khastar et al demonstrated that the Finnish carbon tax had a specific negative impact on social welfare [27].…”

Section: Research On Carbon Tax and Carbon Tax Recycling Policymentioning

confidence: 99%

“…First, a carbon tax recovery policy supplemented by technological progress in the clean power sector can promote economic growth, improve social welfare, and reduce the intensity of carbon dioxide emissions, realizing the triple dividend of the carbon tax. Carbon tax alone can reduce carbon emissions and adjust the energy structure, but the carbon tax policy will adversely affect economic development and social welfare [25][26][27]. A carbon tax recovery policy can remedy this problem.…”

Section: Conclusion and Policy Suggestionsmentioning

confidence: 99%

Does a Recycling Carbon Tax with Technological Progress in Clean Electricity Drive the Green Economy?

Liu

et al. 2022

IJERPH

View full text Add to dashboard Cite

The environmental issue is a significant challenge that China faces in leading the development of the green economy. In this context, reducing CO2 emissions is the key to combatting this problem. Taking the 2017 social accounting matrix (SAM) as the database and combing macroeconomic parameters from previous studies, this article constructed the environmentally computable general equilibrium (CGE) model as an analytical model to analyze the economic–environmental–energy impacts of recycling carbon tax with technological progress in clean electricity. We found that when the rate of clean electricity technological progress reaches 10%, the carbon recycling tax that reduces corporate income taxes will achieve a triple dividend of the carbon tax, namely, promoting economic development, reducing carbon emissions, and improving social welfare. In the meantime, on the basis of carbon tax policies that raise the price of fossil energy, clean electricity technological progress will help accelerate the transformation of electricity structure, reduce the proportion of thermal power generation, and better promote emission reduction. In addition, due to the high carbon emission coefficient, coal contributes significantly to carbon emission reduction. Therefore, China should implement a carbon tax recycling policy supplemented by the progress of clean power technology as soon as possible to better promote green economy development.

show abstract

“…For logistics companies that purchase a large number of machines and equipment and build, renovate and expand logistics facilities during their period of scale expansion, the tax reduction benefit from lowering the value-added tax rate is the greatest. Clearly, lowering the tax rate has formed a two-way (upstream and downstream) complementary incentive mechanism for the development of the real economy [41]. The manufacturing industry has a strong function that is of extraordinary significance to sustained economic prosperity and social stability [42].…”

Section: Increase Investment To Promote the Transformation And Upgrading Of Manufacturingmentioning

confidence: 99%

The Effects of Tax Reduction and Fee Reduction Policies on the Digital Economy

Yang

2021

Sustainability

View full text Add to dashboard Cite

The digital economy is the future of the world in terms of both contemporary trends and opportunities. Developing the digital economy is a practical way of strategically re-thinking network power and digital China and is the only way to achieve successful growth in countries’ development economies and seize a commanding position for future development. Tax reductions, which promote high-quality economic development and preserve the overall situation of national governance, are an important measure for all countries to cope with economic pressure. In recent years, China has successively introduced and continuously expanded a series of tax and fee reduction policies that have played an important role in stabilizing its economy and vigorously developing its digital economy. This study consists of six sections. The first section provides an overview of the digital economy, introducing its definitions and connotations as well as the significance of developments of the digital economy. The second section is a literature review of tax and fee reductions; the research results in this field for countries around the world are summarized based on the three perspectives of research objects, tax-reduction-policy effects and research methods and data. The third section describes the impact of tax reductions and fee reductions on China’s digital economy from an international perspective. Through the 2019 Forbes Global Top 100 Digital Economy List, this article analyzes the global digital economy corporate structure, observes the positive effects of tax and fee reductions on Chinese digital economy companies and compares the impact of tax cuts and fee reductions on digital economy companies in China, the United States and other countries. Stata software was used to conduct an empirical analysis on the panel data of digital economy companies from both macro and micro perspectives and Section 4 presents an evaluation of the policy effects of tax cuts and fee reductions on digital economy companies from multiple aspects. China does not have a systematic tax and fee reduction policy that is compatible with digital economy development and its investments in large digital economy companies can be increased, as discussed in Section 5. In Section 6, we recommend that China improves and optimizes its tax and fee policies to increase tax incentives for independent innovation and high-level talent.

show abstract

How does carbon tax affect social welfare and emission reduction in Finland?

Cited by 79 publications

References 22 publications

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

Assessing the Role of Environmental Expenditures and Green Transport in Emissions Released by Transport: An Application of ARDL Approach

Does a Recycling Carbon Tax with Technological Progress in Clean Electricity Drive the Green Economy?

The Effects of Tax Reduction and Fee Reduction Policies on the Digital Economy

Contact Info

Product

Resources

About