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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24103 |
来源ID | Working Paper 24103 |
The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies | |
Sébastien Houde; Joseph E. Aldy | |
发表日期 | 2017-12-11 |
出版年 | 2017 |
语种 | 英语 |
摘要 | The behavioral responses to taxes and subsidies are often subject to various behavioral biases and transaction costs—what we define as “microfrictions.” We develop a theoretical framework to show how these microfrictions—and their heterogeneity across the population and policy instruments—affect the design of Pigouvian policies. Standard Pigouvian pricing still holds with transaction costs, but requires adjustment with behavioral biases. We use transaction-level data from the US appliance market to estimate the heterogeneous behavioral responses to an array of energy fiscal policies and to quantify microfrictions. We then assess optimal fiscal policies and find that it is rarely optimal to couple a Pigouvian tax on energy with an investment subsidy in this context. We also find that energy labels—intended to increase the salience of energy information—can interact in perverse ways with both taxes and subsidies. |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Energy ; Environment |
URL | https://www.nber.org/papers/w24103 |
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/581775 |
推荐引用方式 GB/T 7714 | Sébastien Houde,Joseph E. Aldy. The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies. 2017. |
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 | ||
w24103.pdf(1052KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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