Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare | |
Jan Siegmeier; Linus Mattauch; Max Franks; David Klenert; Anselm Schultes; Ottmar Edenhofer | |
发表日期 | 2015 |
出处 | Climate Change and Sustainable Development |
出版年 | 2015 |
语种 | 英语 |
摘要 | Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a compartmentalisation is undesirable: policy design taking into account such interdependencies may enhance welfare and change the distribution of mitigation costs within and across generations. This claim is substantiated by analyzing six interactions between climate policy and public finance that are insufficiently explored in current research: (i) reduced tax competition in an open economy, (ii) portfolio effects induced through climate policy, (iii) restructuring public spending, (iv) revenue recycling for productive public investment, (v) greater intragenerational equity through appropriate revenue recycling and (vi) intergenerational Pareto-improvements through intertemporal transfers. We thereby structure the hitherto identified interactions between climate change mitigation and public finance and show that jointly considering carbon pricing and fiscal policy is legitimate and mandatory for sound policy appraisal. *** Suggested citation: Siegmeier, J., L. Mattauch, M. Franks, D. Klenert, A. Schultes, O. Edenhofer, (2015), 'A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare', Nota di Lavoro 31.2015, Milan, Italy: Fondazione Eni Enrico Mattei |
特色分类 | B41;H21;H23;H54;H60;Q54 |
关键词 | Carbon Pricing Taxation Public Spending Redistribution Policy Interactions |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-public-finance-perspective-on-climate-policy-six-interactions-that-may-enhance-welfare/ |
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/118386 |
推荐引用方式 GB/T 7714 | Jan Siegmeier,Linus Mattauch,Max Franks,et al. A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare. 2015. |
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 | ||
2015420956421Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2015420956504NDL2015(1054KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。