Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2017.03.025 |
Is the Gasoline Tax Regressive in the Twenty-First Century? Taking Wealth into Account | |
Teixido, Jordi J.; Verde, Stefano F. | |
2017-08-01 | |
发表期刊 | ECOLOGICAL ECONOMICS |
ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2017 |
卷号 | 138 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy |
英文摘要 | Poterba(1991a) has much influenced the literature on the distributional effects of carbon pricing. Poterba argues that the incidence of energy/environmental taxes across households is better appreciated if the relative tax burdens are measured against total expenditure, interpreted as a proxy for lifetime income, instead of annual-income. This way, however, since the distribution of total expenditure is structurally more uniform, the incidence of energy price increases is always less regressive than when annual income is used. This outcome is often taken to lessen the relevance of equity concerns regarding carbon pricing. Almost twenty-five years after Poterba (1991a), Piketty (2014) revived the idea that wealth is a dimension of economic welfare constituting an increasingly important source of inequality. We show that omitting wealth in measuring ability to pay means underestimating the regressivity of carbon pricing and its inequity towards younger people. Using household-level data and statistical matching, we revisit Poterba's application and compare the distributional incidence of the US gasoline tax for different measures of ability to pay: total expenditure, income and wealth-adjusted income. Regressivity is not a reason to forgo carbon pricing as a cost-effective approach to climate mitigation, but calls for consideration and compensation of the distributional effects. (C) 2017 Elsevier B.V. All rights reserved. |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000402215800013 |
WOS关键词 | HOUSEHOLD WEALTH ; CARBON TAX ; CONSUMPTION ; LIFETIME ; CLIMATE ; ENERGY ; PAYS |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16007 |
专题 | 资源环境科学 |
作者单位 | European Univ Inst, FSR Climate, Fiesole, Italy |
推荐引用方式 GB/T 7714 | Teixido, Jordi J.,Verde, Stefano F.. Is the Gasoline Tax Regressive in the Twenty-First Century? Taking Wealth into Account[J]. ECOLOGICAL ECONOMICS,2017,138. |
APA | Teixido, Jordi J.,&Verde, Stefano F..(2017).Is the Gasoline Tax Regressive in the Twenty-First Century? Taking Wealth into Account.ECOLOGICAL ECONOMICS,138. |
MLA | Teixido, Jordi J.,et al."Is the Gasoline Tax Regressive in the Twenty-First Century? Taking Wealth into Account".ECOLOGICAL ECONOMICS 138(2017). |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论