Electronic Resource
Berkeley, Calif.
:
Berkeley Electronic Press (now: De Gruyter)
Topics in economic analysis & policy
4.2004, 1, art2
ISSN:
1538-0653
Source:
Berkeley Electronic Press Academic Journals
Topics:
Economics
Notes:
A weak double-dividend is the proposition that the welfare improvement from a green tax reform, where the revenue from an environmental tax is used to reduce other tax rates, must be greater than the welfare improvement from a reform where the environmental taxes are returned in a lump sum fashion. We show in this note that a weak double-dividend need not hold in a world with multiple distortions. In an economy with multiple distortions one must choose carefully which tax rates to reduce, or one can do worse than a lump sum redistribution of the environmental tax revenues.
Type of Medium:
Electronic Resource
URL:
http://www.bepress.com/bejeap/topics/vol4/iss1/art2
|
Location |
Call Number |
Expected |
Availability |
