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Can Climate Change Mitigation Policy Benefit the Israeli Economy? A Computable General Equilibrium Analysis AgEcon
Palatnik, Ruslana Rachel; Shechter, Mordechai.
The growing attention to global warming due to greenhouse gas (GHG) emissions in the process of fossil fuel--based energy production is expressed in the Kyoto Protocol, which prescribes, on average, a 7 percent reduction in GHG emissions for developed countries. Although Israel was not included in the list of the obligated countries ("Annex A"), it should consider the economic implications of participating in the emission reduction effort, as such a commitment becomes highly feasible following the Bali roadmap which oblige a successor to the Kyoto Protocol to launch negotiations including all parties to the UNFCCC on a future framework, stressing the role of cooperative action and of common though differentiated responsibility. This study aimed to quantify...
Tipo: Working or Discussion Paper Palavras-chave: Computable General Equilibrium; Climate Change; Environmental Policy; Double Dividend; Israel; Environmental Economics and Policy; Public Economics; D58; H23; Q43; Q48; Q52.
Ano: 2008 URL: http://purl.umn.edu/6361
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The Welfare Effects of Environmental Taxation AgEcon
Jaeger, William K..
Recent literature has investigated whether the welfare gains from environmental taxation are larger or smaller in a second-best setting than in a first-best setting. This question has mainly been addressed indirectly, by asking whether the second-best optimal environmental tax is higher or lower than the first-best Pigouvian rate. Even this indirect question, though, has itself been approached indirectly, comparing the second-best optimal environmental tax to a proxy for its first-best value, an expression for marginal social damage (MSD). On closer examination, however, MSD becomes ambiguously defined and variable in a second-best setting, making it an unreliable proxy for the first-best Pigouvian rate. With these concerns in mind, the current analysis...
Tipo: Working or Discussion Paper Palavras-chave: Optimal Environmental Tax; Second-best; Double Dividend; Tax Interaction Effect; Revenue Recycling; Tax Base Effect; Pigouvian Rate; Excess Burden; Environmental Economics and Policy; H21; Q5.
Ano: 2009 URL: http://purl.umn.edu/50358
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