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La política de mitigación del cambio climático y el doble dividendo: el caso de España

Author

Listed:
  • Mikel González Ruiz de Eguino

    (Universidad del País Vasco UPV/EHU)

  • M.ª Carmen Gallastegui Zulaica

    (Universidad del País Vasco UPV/EHU)

Abstract

This paper addresses the issue of the double dividend hypothesis in climate change control policy for the Spanish economy using a dynamic GEM. The empirical analysis carried out makes clear that it is not possible to find evidence that supports the strong double dividend hypothesis, at least in the scenarios considered. The results are more varied as regards the existence of a weak double dividend.The reduction in labour and consumption taxes reduces costs as opposed to the option of returning the revenues collected by means of transfers. Otherresults show, however, that the double dividend hypothesis in his weak version should be carefully examined in light of all the facts and being aware of the different situations.

Suggested Citation

  • Mikel González Ruiz de Eguino & M.ª Carmen Gallastegui Zulaica, 2008. "La política de mitigación del cambio climático y el doble dividendo: el caso de España," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 67(01), pages 48-71.
  • Handle: RePEc:ekz:ekonoz:2008104
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    More about this item

    Keywords

    climate change; double dividend in the environmental imposition; Spanish economy;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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