The increasing attention to environmental damage and the problem of climate changes have led many studies to concentrate on environmental taxation as an incentive-based instrument of environmental policy. Focusing on the relationship among environmental, labour market policies and institutional sectors, this paper aims to investigate the economic eects of a scal reform designed with the intent of reducing the Greenhouse gas (GHG) emissions, according to Kyoto Protocol. For this purpose, a static Computable General Equilibrium model is used. The simulations implemented concerns the introduction of a green tax on activities output depending on the level of CO2 emission by each activities. Tax revenues are than completely distributed to the economy in order to reduce income taxes or to cut the regional tax on activities value added. In this way a revenue-neutral environmental policy is tested and the double dividend or any other eect on national economy are assessed. The application will be done on a Social Accounting Matrix (SAM) for Italy for the 2003 year.
ENVIRONMENTAL TAX REFORM AND DOUBLE DIVIDEND EVIDENCE.
CIASCHINI, Maurizio;SOCCI, CLAUDIO;PRETAROLI, ROSITA;
2009-01-01
Abstract
The increasing attention to environmental damage and the problem of climate changes have led many studies to concentrate on environmental taxation as an incentive-based instrument of environmental policy. Focusing on the relationship among environmental, labour market policies and institutional sectors, this paper aims to investigate the economic eects of a scal reform designed with the intent of reducing the Greenhouse gas (GHG) emissions, according to Kyoto Protocol. For this purpose, a static Computable General Equilibrium model is used. The simulations implemented concerns the introduction of a green tax on activities output depending on the level of CO2 emission by each activities. Tax revenues are than completely distributed to the economy in order to reduce income taxes or to cut the regional tax on activities value added. In this way a revenue-neutral environmental policy is tested and the double dividend or any other eect on national economy are assessed. The application will be done on a Social Accounting Matrix (SAM) for Italy for the 2003 year.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
