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Carbon Taxation, Fuel Substitution and Welfare in Australia

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Author Info

  • Creedy, J.
  • Martin, C.

Abstract

This paper investigates the implications for Australian households of a carbon tax, using the input-output approach developed by Simons et al. (1994) and adapted by Cornwell and Creedy (1997). In these studies the carbon dioxyde reduction is generated by demand changes resulting from the differential price changes arising from a carbon tax. The present peaper incorporates substitution between fuels in the electricity generating sector, which is the largest single contributor to the Enhanced Greenhouse Effect.

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Bibliographic Info

Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 604.

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Length: 27 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:mlb:wpaper:604

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Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
Phone: +61 3 8344 5355
Fax: +61 3 8344 6899
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Web page: http://www.economics.unimelb.edu.au
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Related research

Keywords: SOCIAL WELFARE ; TAXATION ; FUEL ; CARBON ; MODELS;

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Cited by:
  1. John Creedy & Catherine Sleeman, 2005. "Carbon Taxation, Prices and Welfare in New Zealand," Department of Economics - Working Papers Series 937, The University of Melbourne.

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