| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3727 |
| DP3727 Environmental Policy and Capital Movements: The Role of Government Commitment | |
| Thomas I Renström; Laura Marsiliani | |
| 发表日期 | 2003-01-23 |
| 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 characterized 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 characterized by tougher environmental policy and less capital moving abroad. |
| 主题 | International Trade and Regional Economics ; Public Economics |
| 关键词 | Environmental policy Capital movements Time-inconsistent fiscal policy Income inequality Politico-economic equilibrium Human capital |
| URL | https://cepr.org/publications/dp3727 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532702 |
| 推荐引用方式 GB/T 7714 | Thomas I Renström,Laura Marsiliani. DP3727 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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