Environmental tax policy and intergenerational distribution

• 成果类型: Article
• 署名作者: Bovenberg, AL; Heijdra, BJ
• 署名单位: University of Amsterdam
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(97)00064-9
• 发表日期: 1998
• 页码: 1-24
• 关键词: Overlapping generations; environmental taxation; intergenerational welfare effects; debt policy

摘要

We study the effects of environmental taxation within the context of an overlapping generations model. The quality of the environment is modelled as a durable consumption good. Introduction of the environmental tax harms old existing generations and benefits young existing generations as well as all future generations. Increasing the tax in a Pareto-improving manner is easier the higher the pre-existing tax. The reverse holds if tax policy is decided by majority rule. A suitably designed bond policy can be used to redistribute the efficiency gains due to the internalisation of environmental externalities across the generations. (C) 1998 Elsevier Science S.A.