The Distributional Effect of A Carbon Tax on Income in Taiwan
| Autor: | Jin-Xu Lin, Kuei Feng Chang, Chun-Chiang Feng, Shih-Mo Lin |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Computable general equilibrium
carbon tax Carbon tax Software_GENERAL Natural resource economics 020209 energy income distribution Geography Planning and Development TJ807-830 ComputingMilieux_LEGALASPECTSOFCOMPUTING 02 engineering and technology Management Monitoring Policy and Law Tax reform TD194-195 Renewable energy sources Tax revenue computable general equilibrium Income distribution 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics Hardware_INTEGRATEDCIRCUITS GE1-350 double dividend 050207 economics Environmental effects of industries and plants Renewable Energy Sustainability and the Environment 05 social sciences Subsidy Environmental sciences ComputingMilieux_GENERAL Greenhouse gas tax revenue recycling Externality |
| Zdroj: | Sustainability Volume 12 Issue 4 Sustainability, Vol 12, Iss 4, p 1530 (2020) |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su12041530 |
| Popis: | Environmental issues have become more important worldwide. A carbon tax is a strong tool for cutting carbon emissions directly through the internalization of the external costs of pollution. To mitigate the impact of carbon taxation, it is necessary to recycle the tax revenue into other taxes, subsidies, and transfers. In Taiwan, carbon tax policy has been under consideration. To analyze the effect of carbon tax and tax revenue recycling, this paper adopts a recursive dynamic computable general equilibrium (CGE) model&mdash General Equilibrium Model for Energy, Environment, and Technology (GEMEET)&mdash under a comprehensive economic systems framework. The results show that a suitable recycling mechanism is a key factor for the success of green tax reform for a significant improvement in the economy, environment, and in income distribution, simultaneously. |
| Databáze: | OpenAIRE |
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