Optimal Taxation in the Macroeconomics of Climate Change

Gustav Engström and Johan Gars ()
Additional contact information
Gustav Engström: The Beijer Institute of Ecological Economics and
Johan Gars: Global Economic Dynamics and the Biosphere, The Royal Swedish Academy of Sciences, SE-104 05 Stockholm, Sweden

Annual Review of Resource Economics, 2015, vol. 7, issue 1, 127-150

Abstract: Climate change has in recent years moved to the forefront of the policy scene. At the same time, the research literature on macroeconomic aspects of climate change has grown and broadened significantly. In this review, we survey and discuss this literature, with special attention given to results that help shed light on important qualitative questions regarding how an optimal carbon tax should be set. The review covers topics such as spatial aspects of optimal taxes, interactions with other taxes, uncertainty, technological change, and the qualitative time profile of the optimal tax.

Keywords: optimal carbon taxes; economic growth; integrated assessment models; climate change (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.annualreviews.org/doi/abs/10.1146/annurev-resource-100814-124951 (application/pdf)
Full text downloads are only available to subscribers. Visit the abstract page for more information.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anr:reseco:v:7:y:2015:p:127-150

Ordering information: This journal article can be ordered from
http://www.annualreviews.org/action/ecommerce

Access Statistics for this article

More articles in Annual Review of Resource Economics from Annual Reviews Annual Reviews 4139 El Camino Way Palo Alto, CA 94306, USA.
Bibliographic data for series maintained by http://www.annualreviews.org ().