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ERN: Externalities; Redistributive Effects; Environmental Taxes & Subsidies (Topic)最新文献

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Corrective Taxation Versus Liability 纠正性税收与责任
S. Shavell
Taxation and liability are compared here as means of controlling harmful externalities. It is emphasized that liability has an advantage over taxation: inefficiency of incentives arises under taxation when, as would be typical, it would be impractical for a tax to reflect all variables that significantly affect expected harm, whereas efficiency of incentives under liability does not require the state to determine expected harm - it requires only that injurers pay for harm that occurs. However, taxation enjoys an advantage over liability: incentives under liability are diluted to the degree that injurers might escape suit. The optimal joint use of taxation and liability is also examined, and it is shown in the model that is analyzed that liability should be employed fully because liability creates more efficient incentives than taxation; a tax should be used only to take up the slack due to the possibility that suit for harm would not be brought.
作为控制有害外部性的手段,这里比较了税收和负债。有人强调,责任比税收有优势:在税收下产生的激励效率低下,通常情况下,税收反映所有显著影响预期损害的变量是不切实际的,而责任下激励的效率不需要国家确定预期损害-它只要求伤害者支付发生的损害。然而,税收比责任有优势:责任下的激励被稀释到伤害者可以逃避诉讼的程度。本文还考察了税收和负债的最优联合使用,所分析的模型表明,负债应充分利用,因为负债比税收产生更有效的激励;税收只应用于弥补由于可能不会提起损害诉讼而造成的懈怠。
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引用次数: 21
Environmental Policy in a Vertically Differentiated Product Market 垂直差异化产品市场中的环境政策
I. Matsukawa
Using a discrete-continuous model that deals with both consumers' choice and usage of an environmentally differentiated product in a utility-consistent framework, this paper investigates welfare impacts of emission taxes, subsidies and ad valorem taxes/subsidies on a green market where consumers emit a pollutant through their usage of the products offered by duopolists. An emission tax is always welfare dominant over a subsidy on consumers' purchase of the clean product because the emission tax contributes to a reduction in environmental damage by inducing firms to improve environmental qualities of the products and by constraining consumers' usage of the products. An ad valorem subsidy is always dominated by both an emission tax and a subsidy in terms of social welfare.
本文使用一个离散连续模型,在效用一致的框架下处理消费者对环境差异化产品的选择和使用,研究了在消费者通过使用双寡头提供的产品排放污染物的绿色市场上,排放税、补贴和从价税/补贴对福利的影响。排放税总是比对消费者购买清洁产品的补贴更具福利优势,因为排放税通过诱导企业改善产品的环境质量和限制消费者对产品的使用,有助于减少对环境的破坏。从价补贴总是由排放税和社会福利补贴共同主导。
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引用次数: 0
International Air Travel and Greenhouse Gas Emissions: A Proposal for an Adaptation Levy 国际航空旅行和温室气体排放:一项征收适应税的建议
Pub Date : 2010-06-01 DOI: 10.1111/j.1467-9701.2010.01287.x
Benito Müller, C. Hepburn
Greenhouse gas emissions from international aviation services have been increasing rapidly and are likely to continue to do so in the absence of major policy changes. At the same time, while all countries will experience impacts from climate change, developing countries are the most vulnerable. Significant financial assistance for adaptation is therefore needed for developing countries, but current proposals are inadequate. Solutions to the challenges of both aviation greenhouse gas emissions and climate change adaptation finance are thus urgently required. This paper proposes an international air travel adaptation levy that addresses both problems.
国际航空服务的温室气体排放量一直在迅速增加,如果没有重大政策变化,这种情况可能会继续下去。与此同时,虽然所有国家都将受到气候变化的影响,但发展中国家是最脆弱的。因此,发展中国家需要为适应提供大量资金援助,但目前的建议是不够的。因此,迫切需要解决航空温室气体排放和气候变化适应融资的挑战。本文提出了一种解决这两个问题的国际航空旅行适应税。
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引用次数: 17
Optimal Emission Pricing in the Presence of International Spillovers: Decomposing Leakage and Terms-of-Trade Motives 存在国际溢出的最优排放定价:分解泄漏和贸易条件动机
Christoph Böhringer, Andreas Lange, T. Rutherford
Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an optimal tax framework, we propose a method to decompose the leakage motive and the terms-of-trade motive for emission price differentiation. We illustrate our method with a quantitative impact assessment of unilateral climate policies for the U.S. and EU economies. We conclude in these instances that complex optimal emission price differentiation does not substantially reduce the overall economic costs of carbon abatement compared with a simple rule of uniform emission pricing.
经合组织国家的碳控制政策通常区分排放价格,有利于能源密集型产业。尽管泄漏为差别排放定价提供了一个效率论据,但后者可能是一种变相的以邻为壑的政策,目的是利用贸易条件。利用最优税收框架,我们提出了一种分解排放价格差异的泄漏动机和交易条件动机的方法。我们通过对美国和欧盟经济单边气候政策的定量影响评估来说明我们的方法。在这些情况下,我们得出结论,与统一排放定价的简单规则相比,复杂的最优排放价格差异并没有实质性地降低碳减排的总体经济成本。
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引用次数: 98
Price Floors for Emissions Trading 排放权交易的最低价格
P. Wood, F. Jotzo
Price floors in greenhouse gas emissions trading schemes can have advantages for technological innovation, price volatility, and management of cost uncertainty, but implementation has potential pitfalls. We argue that the best mechanism for implementing a price floor is to have firms pay an extra fee or tax. This has budgetary advantages and is more compatible with international permit trading than alternative approaches that dominate the academic and policy debate. The fee approach can also be used to implement more general hybrid approaches to emissions pricing.
温室气体排放交易计划的最低价格对技术创新、价格波动和管理成本不确定性有好处,但实施起来有潜在的缺陷。我们认为,实施价格下限的最佳机制是让企业支付额外的费用或税收。与主导学术和政策辩论的其他方法相比,这种方法具有预算优势,而且与国际许可交易更相容。收费方法也可用于实施更普遍的混合排放定价方法。
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引用次数: 144
Is Norway's Bird-in-Hand Stabilization Fund Prudent Enough? Fiscal Reactions to Hydrocarbon Windfalls and Graying Populations 挪威的“鸟在手”稳定基金足够谨慎吗?对油气意外之财和人口老龄化的财政反应
Torfinn Harding, Rick van der Ploeg
We estimate fiscal reaction functions for non-hydrocarbon tax and public spending shares of national income and for debt management strategies adopted by Norway and compare these with rules that would prevail under the permanent income hypothesis and bird-in-hand rule. We conclude that the fiscal reaction functions adopted by Norway have to some extent been forward-looking when it comes to the rising pension bill, but backward-looking when it comes to hydrocarbon revenues. Still, our results suggest that the imminent costs of a rapidly graying population are not sufficiently taken into account in the current fiscal rules, since Norway is on a trajectory of turning a current net asset-GDP-ratio close to one into a net debt-GDP-ratio of two in 2060. Something needs to give in the holy trinity: either the rules of the Stabilization fund have to be tightened, or civil servant salaries, benefits and pensions will no longer have to be fully indexed to market wages, or the retirement age has to be increased.
我们估计了挪威采用的非碳氢化合物税和公共支出占国民收入份额以及债务管理战略的财政反应函数,并将其与永久收入假设和“手握鸟”规则下的规则进行了比较。我们的结论是,挪威采用的财政反应功能在某种程度上是前瞻性的,当涉及到不断上升的养老金账单时,但当涉及到碳氢化合物收入时,它是向后看的。尽管如此,我们的研究结果表明,目前的财政规则并没有充分考虑到人口迅速老龄化所带来的迫在眉睫的成本,因为挪威正处于将目前接近1的净资产- gdp比率转变为2060年净债务- gdp比率为2的轨道上。必须在神圣的三位一体中做出一些让步:要么必须收紧稳定基金的规则,要么公务员的工资、福利和养老金不再与市场工资完全挂钩,要么必须提高退休年龄。
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引用次数: 80
The Consumer Burden of a Carbon Tax on Gasoline 消费者对汽油征收碳税的负担
K. Hassett, Aparna Mathur, G. Metcalf
This paper measures the incidence of a carbon tax on gasoline using current income and two measures of lifetime income to rank households. Our results suggest that carbon taxes on gasoline are more regressive when annual income is used as a measure of economic welfare than when lifetime income measures are used. In addition we find that the regional variation in the gasoline tax burden is likely to be modest varying by less than one-half of a percentage point with little fluctuation over the years of our analysis. These results carry through when we consider the incidence of the current state gasoline taxes, both across income deciles as well as across regions.
本文用当期收入和终身收入的两个指标来衡量汽油碳税的发生率。我们的研究结果表明,当将年收入作为经济福利的衡量标准时,汽油碳税的累退性比使用终身收入衡量标准时更强。此外,我们发现汽油税负担的区域差异可能是适度的,变化不到0.5个百分点,在我们的分析中几乎没有波动。当我们考虑当前州汽油税的发生率时,无论是在收入十分位数还是在地区之间,这些结果都得到了证实。
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引用次数: 12
Pollution Control, Competitiveness, and Border Tax Adjustment 污染控制、竞争力和边境税调整
Terry Eyland, Yazid Dissou
This paper explores in a general equilibrium framework the welfare and sectoral implications of an optimally designed system of border tax adjustments (BTA) on the imports of energy-intensive industries. Recently, several propositions have been made by policy makers and researchers to use BTA as a restrictive trade policy instrument to address the loss of competitiveness induced by unilateral stringent domestic pollution control policies. In this paper, we define the loss of competitiveness not as a loss of output by domestic energy-intensive producers, but instead as a loss of their market shares. We argue and we show using the Canadian economy as illustration that the most often proposed BTA, which is based on the carbon embodiment of the import good, may under- or over-achieve the objective of addressing the competitive disadvantage of domestic energy-intensive industries. In some cases, the proposed BTA may over protect the domestic energy-intensive industries by providing implicit subsidies as they might even increase their production in the presence of carbon taxes. Similarly, the proposed BTA may fail to fully restore the competitiveness of domestic producers, vis-a-vis their foreign peers. We determine the optimal BTAs on imports that fully restore the competitiveness of domestic firms following unilateral stringent pollution control policies. The ‘optimal’ BTAs take into consideration the general equilibrium effects of the carbon tax and of the import charges on the prices of domestic goods. In most cases, the impact their impact on import prices is higher than in the previous case. As a consequence, they entail higher distortions on resource allocation in the economy and hence higher welfare cost to households.
本文在一般均衡框架下探讨了最优设计的边境税收调整制度(BTA)对能源密集型产业进口的福利和部门影响。最近,决策者和研究人员提出了一些建议,将贸易优惠政策作为一种限制性贸易政策工具,以解决单方面严格的国内污染控制政策造成的竞争力丧失问题。在本文中,我们不是将竞争力的丧失定义为国内能源密集型生产商的产出损失,而是将其定义为市场份额的损失。我们认为,我们以加拿大经济为例表明,最常提出的基于进口商品碳体现的BTA可能会低于或超过解决国内能源密集型产业竞争劣势的目标。在某些情况下,拟议的BTA可能会通过提供隐性补贴来过度保护国内能源密集型产业,因为它们甚至可能在征收碳税的情况下增加产量。同样,拟议中的贸易协定可能无法完全恢复国内生产商相对于外国同行的竞争力。在单边严格的污染控制政策下,我们确定了完全恢复国内企业竞争力的进口产品的最优bta。“最优”bta考虑了碳税和进口费用对国内商品价格的一般均衡效应。在大多数情况下,它们对进口价格的影响高于前一种情况。因此,它们对经济中的资源配置造成了更严重的扭曲,从而给家庭带来了更高的福利成本。
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引用次数: 3
Linking Environmental and Innovation Policy 将环境与创新政策相结合
R. Gerlagh, S. Kverndokk, K. E. Rosendahl
This paper addresses the timing and interdependence between innovation and environmental policy in a model of research and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation policy. With infinite patent lifetime, the R&D subsidy should be constant and independent of the state of the environment. However, with finite patent lifetime, optimal innovation policy depends on the stage of the environmental problem. In the early stages of an environmental problem, abatement research should be subsidized at a high level and this subsidy should fall monotonically over time to stimulate initial R&D investments. Alternatively, with a constant R&D subsidy, patents’ length should initially have a very long life-time but this should be gradually shortened. In a second-best situation with no deployment subsidy for abatement equipment, we find that the environmental tax should be high compared to the Pigouvian levels when an abatement industry is developing, but the relative difference falls over time. That is, environmental policies will be accelerated compared to first-best.
本文在研究与开发(R&D)模型中讨论了创新与环境政策之间的时间和相互依赖关系。在最佳路径上,环境税设定在庇古水平,独立于创新政策。在专利寿命无限的情况下,研发补贴应该是恒定的,并且不受环境状况的影响。然而,在专利寿命有限的情况下,最优创新政策取决于环境问题所处的阶段。在环境问题的早期阶段,减排研究应该得到高水平的补贴,这种补贴应该随着时间的推移而单调下降,以刺激最初的研发投资。或者,在持续的研发补贴下,专利的有效期最初应该很长,但应该逐渐缩短。在不提供减排设备部署补贴的次优情况下,我们发现,与减排产业发展时的庇古水平相比,环境税应该是高的,但相对差异随着时间的推移而减小。也就是说,环境政策将比第一名更快。
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引用次数: 18
Carbon-Motivated Border Tax Adjustments: Old Wine in Green Bottles? 碳驱动的边境税调整:绿色瓶子里的旧酒?
Pub Date : 2008-05-01 DOI: 10.1111/j.1467-9701.2010.01285.x
Ben Lockwood, J. Whalley
We discuss emerging proposals for border tax adjustments (BTAs) to accompany commitments to reduce carbon emissions in the EU, the US and other OECD economies. The rationale offered for such border adjustment is that various entities, such as the EU, if making commitments to reduce emissions which go beyond those undertaken in other regions of the world, impose added costs on domestic producers which create a competitive disadvantage for them. Some form of remedy is viewed as reasonable to maintain the competitiveness of domestic industries when responding to global environmental problems. In this paper, we argue that despite its current carbon manifestation, the issue of border tax adjustments and both their rationale and their effects on trade are not new and, despite the present debate (which seems to overlook older literature), have arisen before. Earlier debate on border tax adjustments occurred at the time of the adoption of the Value Added Tax (VAT) in the EU as a tax harmonization target in the early 1960's. But academic literature of the time showed that a change between origin and destination basis in the VAT would be neutral and hence the use of a destination based tax in the EU to accompany the VAT offered no trade advantage to Europe. Here we argue that essentially the same arguments also apply for carbon motivated BTAs, and in the current debate there seems to be a misconception between price level effects and relative price effects stemming from a BTA, which needs correcting. We also argue that the impact of border tax adjustments should be viewed as independent of the motivation of the adjustments.
我们讨论了欧盟、美国和其他经合组织经济体在承诺减少碳排放的同时提出的边境税调整(bta)建议。这种边界调整的理由是,如欧盟等各种实体,如果作出的减排承诺超过世界其他地区的承诺,就会给国内生产商带来额外的成本,从而使它们处于竞争劣势。人们认为,在应对全球环境问题时,采取某种形式的补救措施是合理的,可以保持国内工业的竞争力。在本文中,我们认为,尽管其当前的碳表现,边境税调整的问题,其基本原理和对贸易的影响都不是新的,尽管目前的辩论(这似乎忽视了旧文献),以前出现过。关于边境税调整的早期辩论发生在20世纪60年代初欧盟采用增值税(VAT)作为税收协调目标时。但当时的学术文献表明,增值税的原产地和目的地基础之间的变化将是中性的,因此在欧盟使用基于目的地的税来伴随增值税不会给欧洲带来贸易优势。在这里,我们认为,本质上相同的论点也适用于碳驱动的BTA,在当前的辩论中,似乎存在价格水平效应和源于BTA的相对价格效应之间的误解,这需要纠正。我们还认为,边境税调整的影响应被视为独立于调整的动机。
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引用次数: 119
期刊
ERN: Externalities; Redistributive Effects; Environmental Taxes & Subsidies (Topic)
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