Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/91651
Authors: 
Vandyck, Toon
Year of Publication: 
2013
Series/Report no.: 
EUROMOD Working Paper EM12/13
Abstract: 
We analyse the distributional effects of increased oil excises in Belgium by combining a Computable General Equilibrium (CGE) model with the EUROMOD microsimulation framework that exploits the rich detail of household-level data. The link between the CGE model and the micro level is top-down, feeding changes in commodity prices, factor returns and employment by sector into a non-behavioural microsimulation. The results suggest that policymakers face an equity-efficiency trade-off driven by the choice of revenue recycling options. Distributional effects of the environmental tax reform appear to depend strongly on changes in factor prices and welfare payments.
Subjects: 
Energy policy
income distribution
CGE
microsimulation
JEL: 
C68
D31
D58
H22
H23
Q43
Document Type: 
Working Paper

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