The Impact of Carbon Tax on GDP and Environment
Mohammad Khaerul Azis and
Tri Widodo ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This study aims to examine the impact of imposing carbon taxes as an effort to reduce the effects of greenhouse gases. By using GTAP-E, this study found that the imposition of a vehicle carbon tax of 5 percent resulted in a reduction in the GDP rate of 0.01 percent and effectively reduced the level of carbon dioxide emissions by 0.06 percent.
Keywords: Carbon tax; GTAP (search for similar items in EconPapers)
JEL-codes: Q51 Q52 Q53 Q58 (search for similar items in EconPapers)
Date: 2019-01-07
New Economics Papers: this item is included in nep-ene, nep-env and nep-pub
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91314
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