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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Uncertainty and the Double Dividend Hypothesis | |
Eftichios Sartzetakis; Panagiotis D. Tsigaris | |
发表日期 | 2007 |
出处 | Climate Change and Sustainable Development |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper examines the double dividend hypothesis in the presence of labour income uncertainty. Empirical evidence shows that uncertainty over labour income is particularly significant in developing, while not negligible in developed countries. Under uncertainty, and assuming incomplete capital markets, the tax system plays a role in providing social insurance and a green tax reform influences its effectiveness. We show that the increase in environmental tax reduces consumption risk while the balanced budget decrease in labour income tax increases income risk. We find that the total welfare effect of a green tax reform differs substantially from the case of certainty. The critical parameters determining the existence of a second dividend are the lump sum transfers, the relative substitutability of the two goods for leisure and the initial tax rates relative to their optimal that determine also the response of labour supply to a change in the tax mix. |
特色分类 | H21,H23,D62 |
关键词 | Double Dividend Hypothesis,Environmental Taxation,Labor Income Taxation,Uncertainty,Tax Incidence Analysis |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/uncertainty-and-the-double-dividend-hypothesis/ |
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/117517 |
推荐引用方式 GB/T 7714 | Eftichios Sartzetakis,Panagiotis D. Tsigaris. Uncertainty and the Double Dividend Hypothesis. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2007-099.pdf(459KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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