Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/154939 
Year of Publication: 
1998
Series/Report no.: 
Nota di Lavoro No. 81.1998
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper reviews recent developments in the study of the so-called "double dividend", i.e. the possibility of improving the environment and, at the same time, reducing the distortions of the tax system through revenue-neutral green taxes. Recent modeling advances are considered at both the theoretical and the empirical levels. In particular, we note that the most significant theoretical advances have been made in the direction of allowing for imperfectly competitive markets, especially the market for labor. At the same time, we argue that empirical work, particularly on the "employment double dividend", is still relatively scant and that much more needs to be done both in the direction of more realistic empirical models and of an extended sensitivity analysis of the main findings.
Subjects: 
Double dividend
Environmental fiscal reform
Environmental modeling
JEL: 
H0
H2
H3
Document Type: 
Working Paper

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