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dc.contributor.authorFullerton, Donen_US
dc.date.accessioned2011-01-26en_US
dc.date.accessioned2011-06-29T11:15:38Z-
dc.date.available2011-06-29T11:15:38Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/46331-
dc.description.abstractWhile prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns to factors like labor, capital, and resources, (3) allocation of scarcity rents from a restricted number of permits, (4) distribution of the benefits from improvements in environmental quality, (5) temporary effects during the transition, and (6) capitalization of all those effects into prices of land, corporate stock, or house values. The note also discusses whether all six effects could be regressive, that is, whether carbon policy could place disproportionate burden on the poor.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Resource and Environment Economics 3299en_US
dc.subject.jelH23en_US
dc.subject.jelQ52en_US
dc.subject.ddc330en_US
dc.subject.keywordtax incidenceen_US
dc.subject.keywordclimate policyen_US
dc.subject.keywordcapitalization effectsen_US
dc.subject.keywordgeneral equilibriumen_US
dc.subject.stwÖkosteueren_US
dc.subject.stwSteuerinzidenzen_US
dc.subject.stwSteuerbelastungen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwTheorieen_US
dc.titleSix distributional effects of environmental policyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn644652489en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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