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| DC Field | Value | Language |
|---|---|---|
| dc.contributor | Babiker, Mustafa H.M. | - |
| dc.contributor | Metcalf, Gilbert E. | - |
| dc.contributor | Reilly, John M. | - |
| dc.date | 2003-10-24T14:55:45Z | - |
| dc.date | 2003-10-24T14:55:45Z | - |
| dc.date | 2002-05 | - |
| dc.date.accessioned | 2013-10-09T02:31:04Z | - |
| dc.date.available | 2013-10-09T02:31:04Z | - |
| dc.date.issued | 2013-10-09 | - |
| dc.identifier | no. 85 | - |
| dc.identifier | http://mit.edu/globalchange/www/abstracts.html#a85 | - |
| dc.identifier | http://hdl.handle.net/1721.1/3559 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/1721 | - |
| dc.description | We consider the efficiency implications of policies to reduce global carbon emissions in a world with pre-existing tax distortions. We first show that the weak double dividend, the proposition that the welfare improvement from a tax reform where environme ntal taxes are used to lower distorting taxes must be greater than the welfare improvement from a reform where the environmental taxes are returned in a lump sum fashion, need not hold in a world with multiple distortions. A small analytic general equilib rium model is constructed to demonstrate this result. We then present a large-scale computable general equilibrium model of the world economy with distortionary taxation. We use this model to evaluate a number of policies to reduce carbon emissions. We find that the weak double dividend is not obtained in a number of European countries. Results also demonstrate the point that the interplay between carbon policies and pre-existing taxes can differ markedly across countries. Thus one must be cautious in extrapolating the results from a country specific analysis to other countries. | - |
| dc.description | Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change Website. (http://mit.edu/globalchange/www/) | - |
| dc.description | Includes bibliographical references (p. 17-18). | - |
| dc.format | 22 p. | - |
| dc.format | 1080442 bytes | - |
| dc.format | application/pdf | - |
| dc.language | eng | - |
| dc.publisher | MIT Joint Program on the Science and Policy of Global Change | - |
| dc.relation | Report no. 85 | - |
| dc.rights | http://mit.edu/globalchange/www/abstracts.html#a85 | - |
| dc.subject | QC981.8.C5.M58 no.85 | - |
| dc.title | Tax distortions and global climate policy | - |
| Appears in Collections: | MIT Items | |
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