Pollution effects on preferences: A unified approach
| العنوان: | Pollution effects on preferences: A unified approach |
|---|---|
| المؤلفون: | David Desmarchelier, Stephano Bosi, Lionel Ragot |
| المساهمون: | Université Paris Saclay (COMUE), Bureau d'Économie Théorique et Appliquée (BETA), Institut National de la Recherche Agronomique (INRA)-Centre National de la Recherche Scientifique (CNRS)-Université de Lorraine (UL)-Université de Strasbourg (UNISTRA), Université Paris Nanterre (UPN), Centre d'Etudes Prospectives et d'Informations Internationales, Institut National de la Recherche Agronomique (INRA)-Université de Strasbourg (UNISTRA)-Université de Lorraine (UL)-Centre National de la Recherche Scientifique (CNRS), Centre d'Etudes des Politiques Economiques (EPEE), Université d'Évry-Val-d'Essonne (UEVE)-Université Paris-Saclay, EconomiX, Université Paris Nanterre (UPN)-Centre National de la Recherche Scientifique (CNRS), Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Centre d'analyse stratégique, LABEX MME‐DII, Grant/Award Number:ANR11‐LBX‐0023‐01, ANR-09-BLAN-0350,CLEANER,Challenges pour l'analyse économique de long terme de l'environnement et des ressources naturelles(2009) |
| المصدر: | Journal of Public Economic Theory Journal of Public Economic Theory, Wiley, 2019, 21 (3), pp.371-399. ⟨10.1111/jpet.12348⟩ Journal of Public Economic Theory, 2019, 21 (3), pp.371-399. ⟨10.1111/jpet.12348⟩ |
| بيانات النشر: | Wiley, 2018. |
| سنة النشر: | 2018 |
| مصطلحات موضوعية: | Pollution, Economics and Econometrics, JEL: E - Macroeconomics and Monetary Economics/E.E3 - Prices, Business Fluctuations, and Cycles/E.E3.E32 - Business Fluctuations • Cycles, Sociology and Political Science, media_common.quotation_subject, endogenous labor supply, Indeterminacy (literature), Microeconomics, 0502 economics and business, Economics, pollution, Production (economics), 050207 economics, Green paradox, Proportional tax, media_common, green paradox, Consumption (economics), Short run, Stock and flow, 05 social sciences, Ramsey model, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, limit cycle, JEL: O - Economic Development, Innovation, Technological Change, and Growth/O.O4 - Economic Growth and Aggregate Productivity/O.O4.O44 - Environment and Growth, 13. Climate action, 8. Economic growth, 050206 economic theory, Finance |
| الوصف: | In this paper, we introduce a unified Ramsey model where pollution has an impact on preferences and affects both consumption demand and labor supply. Pollution comes from production activities and is viewed as a stock variable with a strong inertia. A government is introduced and levies a proportional tax on production to finance depollution expenditure. We find two interesting results when pollution raises the consumption demand (compensation effect). First, in the long run, a higher green-tax rate increases the pollution level at the steady state (green paradox) when pollution raises the labor supply (disenchantment effect). Second, in the short run, local indeterminacy can arise through a Hopf bifurcation when pollution lowers the labor supply (leisure effect) even if pollution has a strong inertia. |
| تدمد: | 1467-9779 1097-3923 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e9c359211fee3012e0c921180b7327b7 https://doi.org/10.1111/jpet.12348 |
| حقوق: | CLOSED |
| رقم الأكسشن: | edsair.doi.dedup.....e9c359211fee3012e0c921180b7327b7 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 14679779 10973923 |
|---|