| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18924 |
| 来源ID | Working Paper 18924 |
| Incidence and Environmental Effects of Distortionary Subsidies | |
| Garth Heutel; David L. Kelly | |
| 发表日期 | 2013-03-28 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Government policies that are not intended to address environmental concerns can nonetheless distort prices and affect firms' emissions. We present an analytical general equilibrium model to study the effect of distortionary subsidies on factor prices and on environmental outcomes. We model an output subsidy, a capital subsidy, relief from environmental regulation, and a direct cash subsidy. In exchange for receiving subsidies, firms must agree to a minimum level of labor employment. Each type of subsidy and the employment constraint create both output effects and substitution effects on input prices and emissions. We calibrate the model to the Chinese economy, where government involvement affects emissions from both state-owned enterprises and private firms. Variation in production substitution elasticities does not substantially affect input prices, but it does substantially affect emissions. |
| 主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w18924 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576599 |
| 推荐引用方式 GB/T 7714 | Garth Heutel,David L. Kelly. Incidence and Environmental Effects of Distortionary Subsidies. 2013. |
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