G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Pigou’s Dividend versus Ramsey’s Dividend in the Double Dividend Literature
Miguel Rodriguez; Eduardo L Giménez
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要This paper deals with the welfare analysis of green tax reforms. The aims of this paper are to highlight misinterpretations of policy assessments in the double dividend literature, to specify which of the efficiency costs and benefits should be ascribed to each dividend, and then, to propose a definition for the first dividend and the second dividend. We found the Pigou’s dividend more appropriate for policy guidance, in contrast to the Ramsey’s dividend usually found in mainstream literature. Therefore, we take up some authors’ recent claims about the need of unambiguous and operative definitions of these dividends both for empirical purposes, and political advice. Finally, the paper analyzes a green tax reform for the US economy to illustrate the advantages of our definitions for policy assessment. The new definitions proposed in this paper i) overcome some shortcoming of the mainstream current definitions in the literature regarding overestimation of the efficiency costs; and, ii) provide information by themselves and not as a partial view of the whole picture.
特色分类H23,Q58
关键词Double Dividend,Green Tax Reforms,Ramsey’s Dividend,Pigou’s Dividend
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/pigou-s-dividend-versus-ramsey-s-dividend-in-the-double-dividend-literature/
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/117348
推荐引用方式
GB/T 7714
Miguel Rodriguez,Eduardo L Giménez. Pigou’s Dividend versus Ramsey’s Dividend in the Double Dividend Literature. 2006.
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