Environmental Taxes and the Double Dividend Hypothesis: a Survey and Critique
The double dividend effect comes in many forms but, in a general sense, it is the notion that both the state of the environment and the employment level of the country can be improved with a specifically designed fiscal package that incorporates a carbon tax of some form but has a neutral effect on the fiscal position of the country. The conclusions on a double dividend effect are mixed with most authors suggesting that it does not occur. This argument then becomes one of a more general environment-employment tradeoff that is theorised to exist. The literature on the double dividend effect and the environment-employment tradeoff has come solely from a neoclassical perspective of the economy. This paper surveys the existing literature focussing on the models used and conclusions drawn. The major drawback of the models used is that they are not macroeconomic models and do not include a consideration for the impact of an environmental tax on the distribution of income. This closes policy options available to obtain a double dividend. The paper leads into a companion paper that uses a Kaleckian model of growth and distribution. By using the alternative economic paradigm many policy alternatives are discovered that achieve a double dividend.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.latrobe.edu.au/economics|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:trb:wpaper:1999.08. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephen Scoglio)The email address of this maintainer does not seem to be valid anymore. Please ask Stephen Scoglio to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.