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The Macroeconomic Effects of Environmental Taxes : A Closer Look at the Feasibility of “Win-Win” Outcomes / Jenny Ligthart.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
Ligthart, Johanna Elisabeth.
Series:
IMF Working Papers; Working Paper ; No. 1998/075
IMF Working Papers
Language:
English
Physical Description:
1 online resource (35 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 1998.
Language Note:
English
Summary:
This paper reviews recent literature on the macroeconomic effects of environmental taxes. It attempts to delineate the conditions under which a cleaner environment is compatible with attaining macroeconomic objectives, such as more employment and economic growth. The analysis reveals that an environmentally motivated fiscal reform—using the revenues from environmental taxes to cut labor taxes—may yield employment and environmental dividends if the tax burden can be shifted to agents outside the labor market, such as capitalists, transfer recipients, and foreigners. A cleaner environment and a higher rate of economic growth go hand in hand if the environment is considered an important public input into production.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9786613783653
9781462379248
1462379249
9781452750262
1452750262
9781281602961
1281602965
9781451896046
1451896042

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