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DOI | 10.1111/jpet.12348 |
Pollution effects on preferences: A unified approach | |
Bosi, Stefano1; Desmarchelier, David2; Ragot, Lionel3,4 | |
发表日期 | 2019 |
ISSN | 1097-3923 |
EISSN | 1467-9779 |
卷号 | 21期号:3页码:371-399 |
英文摘要 | 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. |
WOS研究方向 | Business & Economics |
来源期刊 | JOURNAL OF PUBLIC ECONOMIC THEORY |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/98726 |
作者单位 | 1.Univ Paris Saclay, Univ Evry, EPEE, Dept Econ, Paris, France; 2.Univ Strasbourg, Univ Lorraine, AgroParisTech, CNRS,INRA,BETA, 6 Rue Michottes, F-54000 Nancy, France; 3.Univ Paris Nanterre, Dept Econ, ECONOMIX, Paris, France; 4.CEPII, Paris, France |
推荐引用方式 GB/T 7714 | Bosi, Stefano,Desmarchelier, David,Ragot, Lionel. Pollution effects on preferences: A unified approach[J],2019,21(3):371-399. |
APA | Bosi, Stefano,Desmarchelier, David,&Ragot, Lionel.(2019).Pollution effects on preferences: A unified approach.JOURNAL OF PUBLIC ECONOMIC THEORY,21(3),371-399. |
MLA | Bosi, Stefano,et al."Pollution effects on preferences: A unified approach".JOURNAL OF PUBLIC ECONOMIC THEORY 21.3(2019):371-399. |
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