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The Role of Information Provision as a Policy Instrument to Supplement Environmental Taxes: Empowering Consumers to Choose Optimally AgEcon
Sartzetakis, Eftichios S.; Xepapadeas, Anastasios; Petrakis, Emmanuel.
The present paper examines, within a dynamic framework, the use of information provision as a policy instrument to supplement environmental taxation. We assume that at least a fraction of consumers do not posses the required information to make the optimal choices, and that their behavior at each time period depends on the accumulated stock of information. We show that, as the accumulated stock of information provision increases, both the optimal level of information provided at each period of time and the optimal tax rate decline over time. Our results provide strong evidence in support of information campaigns as a policy instrument to supplement traditional environmental policies. Information provision can shift the demand towards environmentally...
Tipo: Working or Discussion Paper Palavras-chave: Information Provision; Environmental Taxation; Environmental Economics and Policy; Q53; Q58; D62; D82.
Ano: 2009 URL: http://purl.umn.edu/52342
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Corruption and Environmental Policy: An Alternative Perspective AgEcon
Lapatinas, Athanasios; Litina, Anastasia; Sartzetakis, Eftichios S..
We construct an overlapping generations model in which agents live through two periods; childhood and adulthood. Each agent makes choices only as an adult, based on her utility that depends on her own consumption and the human capital and environmental quality endowed to her offspring. Entering adulthood, agents choose randomly between two occupations: citizens and politicians. Citizens are the only producers of a single good and choose the proportion of their income to declare to the tax authorities. Politicians decide upon the allocation of the tax revenue between environmental protection and education activities, taking as given the rates of peculation in each activity. In this context, two self-fulfilling stable equilibria can emerge, one associated...
Tipo: Working or Discussion Paper Palavras-chave: Corruption; Environmental Policy; Environmental Economics and Policy; H2; H26; H3; Q56; Q58.
Ano: 2011 URL: http://purl.umn.edu/101377
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Uncertainty and the Double Dividend Hypothesis AgEcon
Sartzetakis, Eftichios S.; Tsigaris, Panagiotis D..
This paper examines the double dividend hypothesis in the presence of labour income uncertainty. Empirical evidence shows that uncertainty over labour income is particularly significant in developing, while not negligible in developed countries. Under uncertainty, and assuming incomplete capital markets, the tax system plays a role in providing social insurance and a green tax reform influences its effectiveness. We show that the increase in environmental tax reduces consumption risk while the balanced budget decrease in labour income tax increases income risk. We find that the total welfare effect of a green tax reform differs substantially from the case of certainty. The critical parameters determining the existence of a second dividend are the lump sum...
Tipo: Working or Discussion Paper Palavras-chave: Double Dividend Hypothesis; Environmental Taxation; Labor Income Taxation; Uncertainty; Tax Incidence Analysis; Labor and Human Capital; H21; H23; D62.
Ano: 2007 URL: http://purl.umn.edu/7445
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Optimal Exploitation of Groundwater and the Potential for a Tradable Permit System in Irrigated Agriculture AgEcon
Latinopoulos, Dionysis; Sartzetakis, Eftichios S..
A great challenge facing future agricultural water policy is to explore the potential for transition from the current myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A number of economic and/or command and control instruments can be used by the relevant water authority in order to deal with the economic and environmental problems generated by competitive exploitation. However, according to previous experience in both developed and developing countries, tradable permits seem as one of the most effective and efficient instruments, especially under conditions of limited water availability. On this account, the aim of the current study is to explore the feasibility and implementation of a...
Tipo: Working or Discussion Paper Palavras-chave: Tradable Water Permits; Sustainable Water Use; Irrigated Agriculture; Agricultural and Food Policy; Q15; Q25; Q28.
Ano: 2011 URL: http://purl.umn.edu/102500
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