scholarly journals GREEN TAX REFORM AND EMPLOYMENT DOUBLE DIVIDEND IN EUROPEAN AND NON-EUROPEAN COUNTRIES: A META-REGRESSION ASSESSMENT

2019 ◽  
Vol 9 (4) ◽  
pp. 342-355 ◽  
Author(s):  
Maruf Rahman Maxim ◽  
Kerstin K. Zander ◽  
Roberto Patuelli
Keyword(s):  
Tax Reform ◽  
Double Dividend ◽  
European Countries ◽  
Green Tax Reform ◽  
Meta Regression

Green Tax Reform and Employment Double Dividend in Australia Should Australia Follow Europe’s Footsteps? A CGE Analysis

2020 ◽  
Vol 14 (4) ◽  
pp. 454-472
Author(s):  
Maruf Rahman Maxim ◽  
Kerstin Zander
Keyword(s):  
Carbon Emissions ◽  
Tax Reform ◽  
Value Added ◽  
Double Dividend ◽  
Low Carbon ◽  
Payroll Tax ◽  
Green Tax Reform ◽  
Revenue Recycling ◽  
Tax Reduction ◽  
Energy Tax

Australia has one of the highest per capita carbon emissions, and its energy sector contributes significantly to the country’s carbon emissions. Renewable energy and climate change call for a shift from fossil fuels to low-carbon technologies for energy production. Policies aiming to reduce carbon emissions are perceived by many people as leading to higher living costs, but changes in energy policies can also lead to economic gains in the presence of revenue recycling. This article applies a computable general equilibrium approach to study the effect of energy tax in the Australian economy. Four different scenarios of green tax reform (GTR) are simulated to test the employment double dividend (EDD) potential. All four scenarios simulate changes in energy tax and one of four tax revenue recycling policies including (a) value added tax reduction, (b) payroll tax reduction, (c) goods and services tax (GST) reduction and (d) a mixture of all three recycling policies. The results show strong EDD potential of GST and payroll tax reduction when used along with energy tax in a revenue-neutral GTR approach. The study also presents a comparison of an optimal EDD inducive policy design between the European and Australian GTR approaches. JEL classifications: H23, C68, H21, Q48

scholarly journals Uncertainty and the double dividend hypothesis

2009 ◽  
Vol 14 (5) ◽  
pp. 565-585 ◽  
Author(s):  
EFTICHIOS S. SARTZETAKIS ◽  
PANAGIOTIS D. TSIGARIS
Keyword(s):  
Social Insurance ◽  
Tax Reform ◽  
Developed Countries ◽  
Double Dividend ◽  
Critical Parameters ◽  
Tax Rates ◽  
Income Risk ◽  
Green Tax Reform ◽  
Labour Income ◽  
Lump Sum

ABSTRACTThis paper examines the double dividend hypothesis in the presence of labour income uncertainty. Empirical evidence shows that uncertainty over labour income is particularly significant in developing, while not negligible in developed countries. Under uncertainty, and assuming incomplete capital markets, the tax system plays a role in providing social insurance, and a green tax reform influences its effectiveness. We show that the increase in environmental tax reduces consumption risk, while the balanced budget decrease in labour income tax increases income risk. We find that the total welfare effect of a green tax reform differs substantially from the case of certainty. The critical parameters determining the existence of a second dividend are the lump-sum transfers, the relative substitutability of the two goods for leisure, and the initial tax rates relative to their optimal that determine also the response of labour supply to a change in the tax mix.

A Note on Weak Double Dividends

2004 ◽  
Vol 4 (1) ◽  
Author(s):  
Gilbert E. Metcalf ◽  
Mustafa H. Babiker ◽  
John Reilly
Keyword(s):  
Tax Reform ◽  
Double Dividend ◽  
Environmental Taxes ◽  
Environmental Tax ◽  
Tax Rates ◽  
Green Tax Reform ◽  
Tax Revenues ◽  
Lump Sum

Abstract A weak double-dividend is the proposition that the welfare improvement from a green tax reform, where the revenue from an environmental tax is used to reduce other tax rates, must be greater than the welfare improvement from a reform where the environmental taxes are returned in a lump sum fashion. We show in this note that a weak double-dividend need not hold in a world with multiple distortions. In an economy with multiple distortions one must choose carefully which tax rates to reduce, or one can do worse than a lump sum redistribution of the environmental tax revenues.

Green tax reform in Denmark

1994 ◽  
Vol 3 (1) ◽  
pp. 139-145 ◽  
Author(s):  
Mikael Skou Andersen
Keyword(s):  
Tax Reform ◽  
Green Tax Reform

Can green taxation trigger plug-in hybrid electric vehicle acquisition?

2019 ◽  
Vol 14 (2) ◽  
pp. 168-186
Author(s):  
Victor Barros ◽  
Hugo Pádua
Keyword(s):  
Electric Vehicle ◽  
Financial Incentives ◽  
Structural Equation ◽  
Hybrid Electric Vehicle ◽  
Large Scale ◽  
Tax Reform ◽  
Financial Incentive ◽  
Content Type ◽  
Green Tax Reform ◽  
Hybrid Electric

Purpose The purpose of this paper is to analyse to what extent financial incentives under the green tax reform introduced in Portugal in 2014 drive behaviours of acquiring a plug-in hybrid electric vehicle (PHEV). Design/methodology/approach The existent literature identifies a number of factors that influence the interest for PHEV acquisition, including access to financial incentives. However, empirical evidence is not clear as to which factors are more relevant. The authors extend an existent theoretical model of five factors by including ten factors. On this basis, the study carries out a survey and develops a structural equation model to investigate what drives the interest to acquire a PHEV. Findings Financial incentives are superior to other factors in explaining the interest in acquiring a PHEV. Education, lower income levels, living in larger cities and driving smaller vehicles shape the interest on these vehicles differently. Financial incentives were found to closely offset the difference in price between conventional vehicles and plug-in hybrids. Social implications This study finds that public policies can be powerful in shaping consumers’ behaviour, although the amount of the financial incentive is key to triggering a large-scale effect. Originality/value The survey in this study allows an in-depth and ex ante analysis of the interest in acquiring PHEV under a green tax reform, taking into account other dimensions and socio-economic variables not accounted for in existent studies.

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