English, Article, Journal or magazine article edition: Tax Reforms in an Endogenous Growth Model with Pollution Esther Fernández; Rafaela Pérez Sánchez; Jesús Ruiz

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Bookmark: http://trove.nla.gov.au/version/160273
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Tax Reforms in an Endogenous Growth Model with Pollution
Author
  • Esther Fernández
  • Rafaela Pérez Sánchez
  • Jesús Ruiz
Physical Description
  • preprint
Notes
  • This paper discusses the effects of a green tax reform in an AK growth model without abatement activities and with a negative environmental externality in utility function. There is also a non-optimal level of public spending. The results depend on the financing source of public spending. When there is not public debt, a revenue-neutral green tax reform has not any effect on pollution, growth and welfare. On the contrary, when short-run deficits are financed by debt issuing, a variety of green tax reforms increase welfare. Nevertheless, in this framework, non-green tax reforms are also welfare improving.
  • Environmental externalities, Economic growth, Pollution taxes, Laffer Curve.
  • RePEc:cea:doctra:e2003_31
Language
  • English
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