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| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | Environmental Tax Reform: Efficiency and Political Feasibility |
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| Institution | University of Zurich |
| Series Name | Working paper series / Institute for Empirical Research in Economics |
| Number | No. 13 |
| ISSN | 1424-0459 |
| Date | 1999 |
| Abstract Text | Command-and-control measures, despite their inefficiencies, are still the standard in environmental policy. This might be due to the fact that command-and-control instruments prevent monetary redistribution between sectors and households and leave property rights on remaining pollution with the emittents. The present paper interprets the no-redistribution policy as a political constraint and investigates on more efficient alternatives to command-and-control, using a computable general equilibrium model for Switzerland. Simulation results render schemes that refund environmental tax revenues by a sector-by-sector-subsidy on labor or output as welfare enhancing. |
| Official URL | http://www.econ.uzh.ch/wp.html |
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