The Impact of Carbon Tax on GDP and Environment
Mohammad Khaerul Azis and
Tri Widodo ()
MPRA Paper from University Library of Munich, Germany
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)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91314
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