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Registros recuperados: 118 | |
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Parry, Ian W.H.; Small, Kenneth A.. |
This paper develops an analytical framework for assessing the second-best optimal level of gasoline taxation taking into account unpriced pollution, congestion, and accident externalities, and interactions with the broader fiscal system. We provide calculations of the optimal taxes for the US and the UK under a wide variety of parameter scenarios, with the gasoline tax substituting for a distorting tax on labor income. Under our central parameter values, the second-best optimal gasoline tax is $1.01/gal for the US and $1.34/gal for the UK. These values are moderately sensitive to alternative parameter assumptions. The congestion externality is the largest component in both nations, and the higher optimal tax for the UK is due mainly to a higher assumed... |
Tipo: Working or Discussion Paper |
Palavras-chave: Gasoline tax; Pollution; Congestion; Accidents; Fiscal interactions; Public Economics; H21; H23; R48. |
Ano: 2004 |
URL: http://purl.umn.edu/10461 |
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Parry, Ian W.H.. |
This paper provides simple formulas for adjusting the costs of carbon taxes and tradable carbon permits to account for interactions with preexisting tax distortions in the labor market. Both policies reduce labor supply as they increase product prices and reduce real household wages; the resulting efficiency losses in the labor market can be substantial relative to partial equilibrium abatement costs. However, much of this added cost can be offset-and perhaps more than offset when additional distortions from the tax system are considered-if revenues from carbon taxes or auctioned permits are used to reduce distortionary taxes. Consequently, there can be a strong case on efficiency grounds for using carbon taxes or auctioned permits over grandfathered... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon taxes; Carbon permits; Fiscal interactions; Revenue recycling; Environmental Economics and Policy; Q28; H21; H23. |
Ano: 2003 |
URL: http://purl.umn.edu/10509 |
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Parry, Ian W.H.. |
It is widely perceived that projected public spending on transportation infrastructure in the metropolitan Washington, DC, area for the next 20 years will not be enough to halt, let alone reverse, the trend of increasing traffic congestion. Consequently, there has been much debate about how additional sources of local revenues might be raised to finance more transportation spending. This paper develops and implements an analytical framework for estimating the efficiency costs of raising $500 million per annum in local revenue from five possible sources. These sources are increasing labor taxes, property taxes, gasoline taxes, transit fares, and implementing congestion taxes. Our model incorporates congestion and pollution externalities, and it allows for... |
Tipo: Working or Discussion Paper |
Palavras-chave: Transportation; Taxes; Washington DC; Welfare cost; Public Economics; R48; H21; H23. |
Ano: 2001 |
URL: http://purl.umn.edu/10552 |
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van Kooten, G. Cornelis. |
Activities that remove CO2 from the atmosphere and store it in forest and agricultural ecosystems can generate CO2-offset credits that can thus substitute for CO2 emissions reduction. Are biological CO2-uptake activities competitive with CO2 offsets from reduced fossil fuel use? In this paper, it is argued that transaction costs impose a formidable obstacle to direct substitution of carbon uptake offsets for emissions reduction in trading schemes, and that separate caps should be set for emissions reduction and sink-related activities. While a tax/subsidy scheme is preferred to emissions trading for incorporating biologically-generated CO2 offsets, contracts that focus on the activity and not the amount of carbon sequestered are most likely to lead to the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon sequestration; Transaction costs; Climate change; Environmental Economics and Policy; Land Economics/Use; Q54; Q23; Q42; H23; D23. |
Ano: 2008 |
URL: http://purl.umn.edu/45505 |
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Font, Antoni Riers; Parrilla, Javier Capo; Tous, Teresa Palmer. |
La globalización, así como el turismo internacional, son dos de los fenómenos económicos más analizados en los últimos años, tanto por su creciente importancia como por sus visibles efectos sobre la economía. La notable expansión del turismo tiene como origen, en gran parte, las mismas causas que explican la globalización económica, de ahí que, a menudo, se hable deglobalización turística. Uno de los argumentos más utilizados por los detractores de la globalización es su elevado impacto en términos ambientales. En este sentido, resulta obligado reflexionar sobre la existencia de un potencial conflicto entre el, cada vez mayor, desarrollo turístico y la conservación de los recursos naturales. Una cuestión ésta que adquiere especial importancia en el caso... |
Tipo: Journal Article |
Palavras-chave: Globalization; Tourism; Environmental Impacts; Management Tools of Natural Resources; Resource /Energy Economics and Policy; F18; H23; L83; Q34. |
Ano: 2006 |
URL: http://purl.umn.edu/7994 |
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Fischer, Carolyn. |
In a second-best world of below-optimal pollution pricing, the public return to R&D may be greater than under Pigouvian pricing, due to excess benefits of increasing abatement, or it may be lower, since private actors lack the incentives to take full advantage of the new, cleaner technologies. This paper uses a simple model to demonstrate the interaction between environmental policies, R&D externalities, and the social return to innovation. The results indicate that strong public support for innovation is only justified if at least a moderate emissions policy is in place and spillover effects are significant. Furthermore, in most cases, policy constraints that limit regulatory burdens tend to further limit the scope for public support, even when... |
Tipo: Working or Discussion Paper |
Palavras-chave: Emissions price; Technological innovation; Spillovers; R&D policy; Environmental Economics and Policy; Q28; O38; H23. |
Ano: 2004 |
URL: http://purl.umn.edu/10648 |
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Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; Tavoni, Massimo. |
Despite the growing concern about actual on-going climate change, there is little consensus about the scale and timing of actions needed to stabilise the concentrations of greenhouse gases. Many countries are unwilling to implement effective mitigation strategies, at least in the short-term, and no agreement on an ambitious global stabilisation target has yet been reached. It is thus likely that some, if not all countries, will delay the adoption of effective climate policies. This delay will affect the cost of future policy measures that will be required to abate an even larger amount of emissions. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding the global stabilisation target to be... |
Tipo: Working or Discussion Paper |
Palavras-chave: Uncertainty; Climate Policy; Stabilisation Costs; Delayed Action; Environmental Economics and Policy; C72; H23; Q25; Q28. |
Ano: 2008 |
URL: http://purl.umn.edu/44219 |
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Martin, Elsa; Stahn, Hubert. |
The point of departure of this work is the situation occurring in the Crau area (South-East of France). In this region, organic farmers use surface water for irrigation and excess water percolates into an aquifer that is used as a source for local residents. In contrast to the standard framework, agricultural production thus increases groundwater levels. In this paper, using a dynamic model, we derive the myopic and socially optimal food and water consumption paths. The first aim is to bring to the fore that an intervention is needed and that, in such a specific case, the environment can be protected thanks to some "good" production incentives. We then analyze the problem of coordination that can occur when two distinct local authorities - an agricultural... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Externalities; Agricultural policy; Water policy; Coordination of policies; Environmental Economics and Policy; H23; Q18; Q28.. |
Ano: 2010 |
URL: http://purl.umn.edu/91811 |
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Parry, Ian W.H.. |
Previous literature has shown that competition among regional governments may lead to inefficiently low levels of capital taxation, because governments do not take account of the external benefits of capital flight to other regions. However, the fiscal distortion is smaller the more elastic the supply of capital (for the region bloc), if governments are not perfectly competitive, or they behave in part as a revenue-maximizing Leviathan. There has been very little empirical work on the magnitude of the welfare effects of fiscal competition. This paper presents extensive calculations of the welfare effects using a model that incorporates the possibility of Leviathan behavior, strategic behavior by governments, monopsony power in factor markets, and a wide... |
Tipo: Working or Discussion Paper |
Palavras-chave: Fiscal competition; Tax harmonization; Welfare costs; Leviathan; Strategic behavior; Public Economics; H73; H21; H23. |
Ano: 2001 |
URL: http://purl.umn.edu/10848 |
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Registros recuperados: 118 | |
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