The economic and environmental impact of a carbon tax for Scotland: A computable general equilibrium analysis

Ecological Economics

Volumn 100, Issue , 2014, Pages 40-50

  Allan, Grant ^a   Lecca, Patrizio ^a,b   McGregor, Peter ^a,b   Swales, Kim ^a,b  

^a UNIVERSITY OF STRATHCLYDE   (United Kingdom)

^b Centre for Constitutional Change   (United Kingdom)

Author keywords

Carbon tax; CGE modelling; Double dividend; Regional economics

Indexed keywords

EID: 84894076513     PISSN: 09218009     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecolecon.2014.01.012     Document Type: Article

References (40)

1. Adams P.D., Parmenter B.R. Computable General Equilibrium Modelling of Environmental Issues in Australia: Economic Impacts of an Emissions Trading Scheme. Handbook of Computable General Equilibrium Modeling 2013, vols. 1A and 1B. (SET). P.B. Dixon, D.W. Jorgenson (Eds.).
2. Allan G., McDonald J., McGregor P., Swales K.J. A distinctive energy policy for Scotland. Fraser of Allander Economic Commentary 2008, 32(1):46-61.
3. Armington P. A theory of demand for products distinguished by place of production. IMF Staff. Pap. 1969, 16:157-178.
4. Blanchflower G.D., Oswald A.J. Estimating a wage curve for Britain. Econ. J. 1984, 104(426):1025-1043.
5. Bor Y.J., Huang Y. Energy taxation and the double dividend effect in Taiwan's energy conservation policy: an empirical study using a computable general equilibrium model. Energy Policy 2010, 38(5):2086-2100.
6. Bosquet Environmental tax reform: does it work? A survey of the empirical evidence. Ecol. Econ. 2000, 34:19-32.
7. Bovenberg L.A., Goulder L.H. Optimal environmental taxation in the presence of other taxes: general-equilibrium analyses. Am. Econ. Rev. 1996, 86(4):985-1000.
8. Bovenberg L.A., Van der Ploeg F. Consequences of Environmental Tax Reform for Unemployment and Welfare. Environ. Resource Econ. 1998, vol. 12(2):137-150. European Association of Environmental and Resource Economists.
9. Coase R. The problem of social cost. J. Law Econ. 1960, 3:1-44.
10. Cornwall A., Creedy J. Carbon taxation, prices and inequality in Australia. Fisc. Stud. 1996, 17(3):39-61.
11. Evans D.J. The elasticity of marginal utility of consumption: estimates for 20 OECD countries. Fisc. Stud. 2005, 26(2):197-224.
12. Fulloerton D., Metcalf G. Environmental taxes and the double-dividend hypothesis: did you really expect something for nothing?. Chicago-Kent Law Rev. 1998, 73:221-256.
13. Gibson H. Export Competitiveness and UK Sales of Scottish Manufacturers. Working Paper 1990, Scottish Enterprise, Glasgow.
14. Glomm G., Kawaguchi D., Sepulveda F. Green taxes and double dividends in a dynamic economy. J. Policy Model 2008, vol. 30(1):19-32. Elsevier.
15. Goulder L.H. Effects of carbon taxes in an economy with prior tax distortions: an intertemporal general equilibrium analysis. J. Environ. Econ. Manag. 1995, 29:271-297.
16. 2 abatement in the presence of induced technological change. J. Environ. Econ. Manag. 2000, 39:1-38.
17. 2 abatement policies. Resour. Energy Econ. 1999, 21:211-253.
18. Harris R.I.D. The Growth and Structure of the UK Regional Economy 1989, 1963-1985. Avebury, Aldershot.
19. Hayashi F. Tobin's marginal q and average q: a neoclassical interpretation. Econometrica 1982, 50(No.1):213-224.
20. Hoel M., Schneider K. Incentives to Participate in an International Environmental Agreement. Environ. Resource Econ. 1997, vol. 9(2):153-170. European Association of Environmental and Resource Economists, (March).
21. Jorgenson D.W. Capital theory and investment behaviour. Am. Econ. Rev. 1963, 53(2):247-259.
22. Layard R., Nickell S., Jackman R. Unemployment: Macroeconomic Performance and the Labour Market 1991, Oxford University Press, Oxford.
23. Lecca P., McGregor P.G., Swales K.J. Balanced Budget Government Spending in a Small Open Regional Economy. ERSA conference papers ersa12p1009 2012, European Regional Science Association.
24. Lecca P., McGregor P.G., Swales J.K. Forward-looking versus myopic regional computable general equilibrium models: how significant is the distinction?. Econ. Model. 2013, 3(6):160-176.
25. Lecca P., McGregor P.G., Swales J.K., Yin Y.P. Balanced budget fiscal expansions in small open regions within a federal system: evidence from the Scottish variable rate of income tax. J. Reg. Sci. 2014, (forthcoming, (Revised version of Inverted Haavelmo Effects in a General Equilibrium Analysis of the Impact of Implementing the Scottish Variable Rate of Income Tax. SIRE Discussion Papers 2010-47, Scottish Institute for Research in Economics (SIRE))).
26. Manresa A., Ferran S. Implementing a Double Dividend: Recycling Ecotaxes towards Lower Labour Taxes. Energy Policy 2005, vol. 33(12):1577-1585. Elsevier, (August).
27. McGregor P.G., Swales J.K. The Impact of Greater Autonomy on Scottish Climate Change Policy. Scotland's Future: The Economics of Constitutional Change 2013, Chapter 7, Dundee University Press, Dundee. A. Goudie (Ed.).
28. McGregor P.G., Swales J.K., Winning M. A review of the role and remit of the committee on climate change. Energy Policy 2012, vol. 41(C):466-473. Elsevier.
29. Nordhaus W. Why the global warming sceptics are wrong. N. Y. Rev. Books 2012, 59(5):32-34.
30. Pant H. GTEM: Global Trade and Environment Model 2007, Australian Bureau of Agricultural and Resource Economics, Canberra.
31. Pearce D. The role of carbon taxes in adjusting to global warming. Econ. J. 1991, 101:938-948.
32. Pigou A.C. The Economics of Welfare 1920, Macmillan, London.
33. Symons E., Proops J., Gay P. Carbon taxes, consumer demand and carbon dioxide emissions: a simulation analysis for the UK. Fisc. Stud. 1994, 15(2):19-43.
34. Tobin J. A General Equilibrium Approach to Monetary Theory. J. Money Credit Bank. 1969, 1(1):15-29.
35. Tullock G. Excess benefit. Water Resour. Res. 1967, 3:643-644.
36. Turner, K., 2002. PhD Dissertation. University of Strathclyde.
37. Uzawa H. The preference and Penrose effect in a two-class model of economic growth. J. Polit. Econ. 1969, 77(4):628-652.
38. 2 pollution and poverty while promoting growth. Energy J. 2006, 0(Number 2):113-142.
39. Weitzman M. Prices vs. quantities. Rev. Econ. Stud. 1974, 41:477-491.
40. Wissema W., Dellink R. AGE analysis of the impact of a carbon energy tax on the Irish economy. Ecol. Econ. 2007, vol. 61(4):671-683. Elsevier.