NDLI: Environmental Tax on Directed Technological Innovation in a Green Growth Model

Content Provider	Semantic Scholar
Author	Zhou, Jingmiao Zhao, Yuzhe Kuang, Haibo
Copyright Year	2019
Abstract	To ensure that green growth are achieved and socially optimal, we develops an endogenous growth model featuring a directed technological innovation, environmental taxation and economic activity. Our model investigates the inner dynamic interactions of green growth. Then, a numerical analysis is presented to trace how the green growth will be achieved by the four parameters: the size of tax distortions, the rate of capital tax, the elasticity of pollution conversion and the cost of carbon abatement technological innovation. It is found that a tax distortion for lump-sum transfer payments can explore the double dividend. The benefits arising from the income tax become larger the more stringent capital tax and environmental tax.
Starting Page	2045
Ending Page	2054
Page Count	10
File Format	PDF HTM / HTML
DOI	10.30638/eemj.2019.194
Volume Number	18
Alternate Webpage(s)	http://www.eemj.icpm.tuiasi.ro/pdfs/accepted/83_170_%20Zhao_19.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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