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題名 Growth, intergenerational welfare, and environmental policies in an overlapping generations economy
作者 Chu, Hsun
Cheng, Chu‐chuan
Lai, Ching‐chong
賴景昌
貢獻者 經濟系
日期 2018-05
上傳時間 9-Nov-2018 15:06:28 (UTC+8)
摘要 This paper examines the effects of the environmental tax on long-run growth and intergenerational welfare in a discrete-time overlapping generations (OLG) model. We highlight that the role regarding how the environmental tax revenues are distributed between the young or old generations has important implications for the growth and welfare effects. Our results indicate that raising the environmental tax can exert different effects on the environmental utility of the existing young and old generations, implying an intergenerational welfare conflict of the environmental policy. However, if tax revenues are distributed appropriately, our numerical simulation shows that it is possible for a higher environmental tax to improve the welfare of all generations.
關聯 REVIEW OF DEVELOPMENT ECONOMICS, 22(2), 844-861
資料類型 article
DOI http://dx.doi.org/10.1111/rode.12371
dc.contributor 經濟系
dc.creator (作者) Chu, Hsun
dc.creator (作者) Cheng, Chu‐chuan
dc.creator (作者) Lai, Ching‐chong
dc.creator (作者) 賴景昌
dc.date (日期) 2018-05
dc.date.accessioned 9-Nov-2018 15:06:28 (UTC+8)-
dc.date.available 9-Nov-2018 15:06:28 (UTC+8)-
dc.date.issued (上傳時間) 9-Nov-2018 15:06:28 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/120867-
dc.description.abstract (摘要) This paper examines the effects of the environmental tax on long-run growth and intergenerational welfare in a discrete-time overlapping generations (OLG) model. We highlight that the role regarding how the environmental tax revenues are distributed between the young or old generations has important implications for the growth and welfare effects. Our results indicate that raising the environmental tax can exert different effects on the environmental utility of the existing young and old generations, implying an intergenerational welfare conflict of the environmental policy. However, if tax revenues are distributed appropriately, our numerical simulation shows that it is possible for a higher environmental tax to improve the welfare of all generations.en_US
dc.format.extent 237688 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) REVIEW OF DEVELOPMENT ECONOMICS, 22(2), 844-861
dc.title (題名) Growth, intergenerational welfare, and environmental policies in an overlapping generations economyen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1111/rode.12371
dc.doi.uri (DOI) http://dx.doi.org/10.1111/rode.12371