{"title":"Improving the estimation of the distributional impacts of carbon pricing and targeted transfers to reduce its regressivity in Latin American countries","authors":"","doi":"10.1016/j.ecolecon.2024.108336","DOIUrl":null,"url":null,"abstract":"<div><p>This study simulates the distributional impacts of a carbon tax and targeted cash transfers to reduce its regressivity in ten Latin American countries. Unlike previous studies, the traditional top-down methodological approach is complemented with various elasticities to improve the precision of household expenditure and income changes. The results show that the increase in food and electricity prices are the ones that contribute the most to the rise in household expenditure in most of the countries analyzed. Also, it is shown that the omission of the shock on labor income causes an underrepresentation (overrepresentation) of the distributive impact of carbon pricing on the poorest (richest) households. Finally, it is concluded that cash transfers focused on quintile 1 reduce the regressive effect of this climate policy more strongly.</p></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":null,"pages":null},"PeriodicalIF":6.6000,"publicationDate":"2024-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ecological Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0921800924002337","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECOLOGY","Score":null,"Total":0}
引用次数: 0
Abstract
This study simulates the distributional impacts of a carbon tax and targeted cash transfers to reduce its regressivity in ten Latin American countries. Unlike previous studies, the traditional top-down methodological approach is complemented with various elasticities to improve the precision of household expenditure and income changes. The results show that the increase in food and electricity prices are the ones that contribute the most to the rise in household expenditure in most of the countries analyzed. Also, it is shown that the omission of the shock on labor income causes an underrepresentation (overrepresentation) of the distributive impact of carbon pricing on the poorest (richest) households. Finally, it is concluded that cash transfers focused on quintile 1 reduce the regressive effect of this climate policy more strongly.
期刊介绍:
Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership.
Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.