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dc.contributor.authorFullerton, Donen
dc.date.accessioned2011-01-26-
dc.date.accessioned2011-06-29T11:15:38Z-
dc.date.available2011-06-29T11:15:38Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3299en
dc.subject.jelH23en
dc.subject.jelQ52en
dc.subject.ddc330en
dc.subject.keywordtax incidenceen
dc.subject.keywordclimate policyen
dc.subject.keywordcapitalization effectsen
dc.subject.keywordgeneral equilibriumen
dc.subject.stwÖkosteueren
dc.subject.stwSteuerinzidenzen
dc.subject.stwSteuerbelastungen
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwTheorieen
dc.titleSix distributional effects of environmental policy-
dc.typeWorking Paperen
dc.identifier.ppn644652489en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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