Are Differentiated Carbon Taxes Inefficient? A General Equilibrium Analysis

2003 ◽  
Vol 24 (2) ◽  
Author(s):  
Brita Bye ◽  
Karine Nyborg
Keyword(s):  
General Equilibrium ◽  
Equilibrium Analysis ◽  
Carbon Taxes ◽  
General Equilibrium Analysis

scholarly journals Is Pollution a Giffen Good? General-Equilibrium Analysis and Some Policy Implications

2019 ◽  
Vol 10 (3) ◽  
pp. 488
Author(s):  
Aleksandar VASILEV
Keyword(s):  
Simple Model ◽  
General Equilibrium ◽  
Environmental Quality ◽  
Policy Implications ◽  
Equilibrium Analysis ◽  
Carbon Taxes ◽  
Pollution Permits ◽  
General Equilibrium Analysis ◽  
Giffen Good ◽  
Emission Caps

This paper takes a simple model with pollution and environmental quality and derives some novel results. In particular, pollution is shown to be a Giffen good. This is a very important finding with clear policy implications, namely that carbon taxes (and pollution permits) are counter-productive, as they lead to increase in pollution, and instead governments should administratively set emission caps.

Sign in / Sign up

Export Citation Format

Share Document