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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26919 |
来源ID | Working Paper 26919 |
Pareto-Improving Carbon-Risk Taxation | |
Laurence J. Kotlikoff; Felix Kubler; Andrey Polbin; Simon Scheidegger | |
发表日期 | 2020-04-06 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Anthropogenic climate change produces two conceptually distinct negative economic externalities. The first is an expected path of climate damage. The second, which is this paper's focus, is an expected path of economic risk. To isolate the climate-risk problem, we consider mean-zero, symmetric shocks in our 12-period, overlapping generations model. These shocks impact dirty energy usage (carbon emissions), the relationship between carbon concentration and temperature, and the connection between temperature and damages. Our model exhibits a de minimis climate problem absent its shocks. But due to non-linearities, symmetric shocks deliver negatively skewed impacts, including the potential for climate disasters. As we show, Pareto-improving carbon taxation can dramatically lower climate risk, in general, and disaster risk, in particular. The associated climate-risk tax, which is focused exclusively on limiting climate risk, can be as large or larger than the carbon average-damage tax, which is focused exclusively on limiting average damage. |
主题 | International Economics ; International Factor Mobility ; Public Economics ; Taxation ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w26919 |
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/584592 |
推荐引用方式 GB/T 7714 | Laurence J. Kotlikoff,Felix Kubler,Andrey Polbin,et al. Pareto-Improving Carbon-Risk Taxation. 2020. |
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 | ||
w26919.pdf(943KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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