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Title: A note on environment-dependent time preferences
Authors: 賴景昌
Chu, Hsun
Lai, Ching-Chong
Liao, Chih Hsing
Contributors: 經濟系
Date: 2016-09
Issue Date: 2017-08-23 11:11:30 (UTC+8)
Abstract: In this paper we investigate the growth effect of environmental taxes when time preference is endogenously determined by environmental quality. We find that if people become more patient because of a cleaner environment, raising the environmental tax may reduce pollution and stimulate growth. Moreover, the Pigouvian principle may be inefficient in the presence of endogenous time preference.
Relation: Macroeconomic Dynamics, 20(6), 1652-1667
Data Type: article
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Appears in Collections:[經濟學系] 期刊論文

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