全球智库信息集成服务系统(G2TT): Why Finance Ministers Favor Carbon Taxes, Even if They Do not Take Climate Change into Account

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Why Finance Ministers Favor Carbon Taxes, Even if They Do not Take Climate Change into Account
	Max Franks; Ottmar Edenhofer; Kai Lessmann
发表日期	2015
出处	Climate Change and Sustainable Development
出版年	2015
语种	英语
摘要	Fiscal considerations may shift governmental priorities away from environmental concerns: Finance ministers face strong demand for public expenditures such as infrastructure investments but they are constrained by international tax competition. We develop a multi-region model of tax competition and resource extraction to assess the fiscal incentive of imposing a tax on carbon rather than on capital. We explicitly model international capital and resource markets, as well as intertemporal capital accumulation and resource extraction. While fossil resources give rise to scarcity rents, capital does not. With carbon taxes the rents can be captured and invested in infrastructure, which leads to higher welfare than under capital taxation. This result holds even without modeling environmental damages. It is robust under a variation of the behavioral assumptions of resource importers to coordinate their actions, and a resource exporter's ability to counteract carbon policies. Further, no green paradox occurs - instead, the carbon tax constitutes a viable green policy, since it postpones extraction and reduces cumulative emissions. *** Franks, M., O. Edenhofer, K. Lessmann, (2015), 'Why Finance Ministers Favor Carbon Taxes, Even if They Do not Take Climate Change into Account', Nota di Lavoro 37.2015, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类	F21;H21;H30;H73;Q38
关键词	Carbon Pricing Green Paradox Infrastructure Optimal Taxation Strategic Instrument Choice Supply-Side Dynamics Tax Competition
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/why-finance-ministers-favor-carbon-taxes-even-if-they-do-not-take-climate-change-into-account/
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/118392
推荐引用方式 GB/T 7714	Max Franks,Ottmar Edenhofer,Kai Lessmann. Why Finance Ministers Favor Carbon Taxes, Even if They Do not Take Climate Change into Account. 2015.

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2015430936361Nota_di（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2015430936454NDL2015（2508KB）	智库出版物		限制开放	CC BY-NC-SA	浏览