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environmental taxes and economic welfare - Reducing Carbon Dioxide Emissions (Hardcover)
Loot Price: R2,907
Discovery Miles 29 070
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environmental taxes and economic welfare - Reducing Carbon Dioxide Emissions (Hardcover)
Series: New Horizons in Environmental Economics series
Expected to ship within 12 - 17 working days
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This important book examines the economic policies required to
reduce carbon dioxide emissions - a major source of pollution
throughout the world. It explores the likely impact of
environmental taxes on income distribution and economic welfare.
The authors consider a tax on domestic fuel and power and a carbon
tax, and the likely adverse distribution effects of these on a
population. The analysis allows for the direct and indirect effects
(through inter-industry transactions) of taxes on prices and
consumers' responses to these price changes. The welfare effects
are also estimated for a variety of income groups. The authors then
evaluate the inequality and social welfare measures and consider
whether the distributional effects can be overcome by adjusting
transfer payments to compensate lower-income groups. This study
examines environmental taxes in Australia with methods which can be
applied to other countries, some of which were specifically
designed to overcome data limitation problems. Environmental Taxes
and Economic Welfare will be of special interest to researchers,
academics, policymakers and advisers on taxation and environmental
policy.
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