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https://ah.lib.nccu.edu.tw/handle/140.119/120862
題名: | The Feasibility of the Double-Dividend Hypothesis in a Democratic Economy | 作者: | Lai, Yu‐Bong 賴育邦 |
貢獻者: | 財政系 | 關鍵詞: | Environmental policy; green tax reform; income inequality; political economy | 日期: | Jan-2018 | 上傳時間: | 9-Nov-2018 | 摘要: | The two dividends in the double-dividend hypothesis are assumed to be independent. This assumption can be misleading when it comes to formulating policy. I construct a model where the pollution tax rate is voted for by heterogeneous people. In addition to the revenue-recycling effect, the equilibrium pollution tax rate depends on two opposite forces: the tax-cutting effect and the profit effect. The two forces show that an instrument that exploits a greater revenue-recycling effect can cause a more severe environmental deterioration, thereby resulting in the infeasibility of the hypothesis. The introduction of the interdependence between the two dividends can also mean that non-revenue-raising instruments are more efficient than revenue-raising instruments. | 關聯: | SCANDINAVIAN JOURNAL OF ECONOMICS, 120(1), 211-241 | 資料類型: | article | DOI: | http://dx.doi.org/10.1111/sjoe.12213 |
Appears in Collections: | 期刊論文 |
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