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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Environmental Policy and Capital Movements: The Role of Government Commitment | |
Laura Marsiliani; Thomas I. Renstrom | |
发表日期 | 2003 |
出处 | Climate Change and Sustainable Development |
出版年 | 2003 |
语种 | 英语 |
摘要 | This paper explores the relationship between environmental protection and international capital movements, when tax policy is endogenous (through voting). A two-period general equilibrium model of a small open economy is specified to compare the effects of two different constitutions (commitment or no commitment in tax policy), as well as income inequality. Under the commitment regime, the equilibrium is characterised by a lower labour tax, higher environmental tax and less capital moving abroad than in the no-commitment equilibrium. Furthermore, given the degree of commitment, more equal societies are characterised by tougher environmental policy and less capital moving abroad. |
特色分类 | F20,H21,H23 |
关键词 | Environmental policy,international capital movements,time consistency,inequality,political economy,human capital |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/environmental-policy-and-capital-movements-the-role-of-government-commitment/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116832 |
推荐引用方式 GB/T 7714 | Laura Marsiliani,Thomas I. Renstrom. Environmental Policy and Capital Movements: The Role of Government Commitment. 2003. |
条目包含的文件 | 条目无相关文件。 |
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