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Título : | The Economic and Environmental Impact of a Carbon Tax for Scotland: A Computable General Equilibrium Analysis |
Autor : | Lecca, Patrizio Allan, Grant J. McGregor, Peter G. Swales, J. Kim |
Fecha de publicación : | 1-abr-2014 |
Resumen : | . Using a disaggregated energy–economy–environmental model, we investigate the economic and environmental impact of a Scottish specific carbon tax under three alternative assumptions about the use of the revenue raised by the tax: revenues raised are not recycled within Scotland; revenues are used to increase general government expenditure or to reduce Scottish income tax. We find that by imposing a tax of £50 per tonne of CO2 the 37% CO2 reduction target is met with a very rapid adjustment in all three cases if the model incorporates forward-looking behaviour. However, the adjustment is much slower if agents are myopic. In addition, the results of the model suggest that a carbon tax might simultaneously stimulate economic activity whilst reducing emissions and thus secure a double dividend, but only for the case in which the revenue is recycled through income tax. |
Descripción : | Artículos en revistas |
URI : | https://doi.org/10.1016/j.ecolecon.2014.01.012 http://hdl.handle.net/11531/76747 |
ISSN : | 0921-8009 |
Aparece en las colecciones: | Artículos |
Ficheros en este ítem:
Fichero | Tamaño | Formato | |
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The economic and environmental impact of a carbon tax for Scotland_ A computable general equilibrium analysis _ Elsevier Enhanced Reader.pdf | 6,55 MB | Adobe PDF | Visualizar/Abrir |
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