The Macroeconomic Effects of Environmental Taxes : A Closer Look at the Feasibility of 'Win-Win' Outcomes /

This paper reviews recent literature on the macroeconomic effects of environmental taxes. It attempts to delineate the conditions under which a cleaner environment is compatible with attaining macroeconomic objectives, such as more employment and economic growth. The analysis reveals that an environ...

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Hlavní autor: Ligthart, Jenny
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1998.
Edice:IMF Working Papers; Working Paper ; No. 1998/075
On-line přístup:Full text available on IMF
Popis
Shrnutí:This paper reviews recent literature on the macroeconomic effects of environmental taxes. It attempts to delineate the conditions under which a cleaner environment is compatible with attaining macroeconomic objectives, such as more employment and economic growth. The analysis reveals that an environmentally motivated fiscal reform-using the revenues from environmental taxes to cut labor taxes-may yield employment and environmental dividends if the tax burden can be shifted to agents outside the labor market, such as capitalists, transfer recipients, and foreigners. A cleaner environment and a higher rate of economic growth go hand in hand if the environment is considered an important public input into production.
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Fyzický popis:1 online resource (35 pages)
Médium:Mode of access: Internet
ISSN:1018-5941
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students