La política de mitigación del cambio climático y el doble dividendo: el caso de España

Mikel González Ruiz de Eguino and Carmen Gallastegui Zulaica M.ª
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Mikel González Ruiz de Eguino: Universidad del País Vasco UPV/EHU
Carmen Gallastegui Zulaica M.ª: Universidad del País Vasco UPV/EHU

EKONOMIAZ. Revista vasca de Economía, 2008, vol. 67, issue 01, 48-71

Abstract: This paper addresses the issue of the double dividend hypothesis in climate change control policy for the Spanish economy using a dynamic GEM. The empirical analysis carried out makes clear that it is not possible to find evidence that supports the strong double dividend hypothesis, at least in the scenarios considered. The results are more varied as regards the existence of a weak double dividend.The reduction in labour and consumption taxes reduces costs as opposed to the option of returning the revenues collected by means of transfers. Otherresults show, however, that the double dividend hypothesis in his weak version should be carefully examined in light of all the facts and being aware of the different situations.

Keywords: climate change; double dividend in the environmental imposition; Spanish economy (search for similar items in EconPapers)
JEL-codes: H23 Q48 Q54 (search for similar items in EconPapers)
Date: 2008
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