Environmental Taxation and Its Role in Promoting Sustainable Economic Growth

Tianyang Xuan ()
Additional contact information
Tianyang Xuan: YCIS

A chapter in Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024), 2024, pp 462-468 from Springer

Abstract: Abstract Imposing taxes on environmentally harmful activities can be a powerful and effective move for governments to incentivize businesses and individuals to adopt more sustainable practices and support a green economy. Nowadays, it also becomes increasingly important to balance economic prosperity and environmental sustainability. In this context, this essay aims to investigate the relationship between environmental taxation and sustainable economic growth by conducting a regression analysis across 20 countries, with a comprehensive quantitative analysis that offers valuable insights for academics, policymakers, and business owners. By examining the impact of various environmental taxes on the annual GDP growth rate, this paper also quantifies how different taxes contribute to long-term economic sustainability. This research contributes to the academic landscape by providing statistical evidence on the effectiveness of environmental taxation in achieving sustainability goals. It is believed to offer a better understanding of the potential benefits of leveraging environmental taxation as a tool for achieving sustainable economic growth.

Keywords: Environmental taxation; sustainability; economic growth (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:advbcp:978-94-6463-598-0_47

Ordering information: This item can be ordered from
http://www.springer.com/9789464635980

DOI: 10.2991/978-94-6463-598-0_47

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().