Carbon Taxes: Their Macroeconomic Effects and Prospects for Global Adoption - A Survey of the literature

Cuervo Javier () and Ved P. Gandhi

Revista Desarrollo y Sociedad, 1999

Abstract: The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warning. Y et its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers con minimize the effects of the tax on economic growth thorugh an efficient recycling of tax revenues and on equity through the adoption of appropriate mitigatinf or compensationg measures. To eliminate the worry about the loss of competitiveness, the paper suggests and international agreement on a coordinated adoption of the tax.

Keywords: Trade; tax (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
http://economia.uniandes.edu.co/revistadys/Articulo43_4.pdf

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:col:000090:007447

Access Statistics for this article

More articles in Revista Desarrollo y Sociedad from Universidad de los Andes,Facultad de Economía, CEDE Contact information at EDIRC.
Bibliographic data for series maintained by Universidad De Los Andes-Cede ().