پیوندهای مفید
آمار
| تعداد نشریات | 21 |
| تعداد شماره‌ها | 610 |
| تعداد مقالات | 9,027 |
| تعداد مشاهده مقاله | 67,082,818 |
| تعداد دریافت فایل اصل مقاله | 7,656,334 |
Investigating the impact of an optimal fiscal policy on the Iran economy with externality based on the Ramsey solution | ||
| International Journal of Nonlinear Analysis and Applications | ||
| مقاله 24، دوره 15، شماره 8، آبان 2024، صفحه 273-287 اصل مقاله (2.43 M) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22075/ijnaa.2021.23854.2627 | ||
| نویسندگان | ||
| Hossein Marzban* ؛ Zahra Dehghan Shabani؛ Ahmad Sadrai Javaheri؛ Mahsa Mohagheghzadeh | ||
| Department of Economics, Faculty of Economics, Management and Social Sciences, Eram University Complex, Shiraz University, Shiraz, Iran | ||
| تاریخ دریافت: 12 خرداد 1400، تاریخ پذیرش: 01 شهریور 1400 | ||
| چکیده | ||
| Based on the literature on pollution tax on capital and labor, we have analyzed the impact of an optimal fiscal policy (tax) on the Iran economy based on the Ramsey solution. To achieve this, we created a dynamic economic-climatic model for the Iranian economy by adding externalities to a simple general equilibrium model without a foreign sector. Thus first we developed a dynamic model in two cases with and without side effects. Findings indicate that in the conditions of no pollution of the production sector, the model reaches equilibrium with zero capital tax. When we take into account the pollution in the model, in order to have a unique optimal point and keep the economy on the saddle path and it converged towards an optimal point, so capital-based pollution tax became essential. In our model, endogenous labor plays an important role as it indicates an increase in household environmental awareness, the supply of working hours, consumption, production, and environmental quality. In the models with exogenous labor, low household awareness of environmental quality leads to more severe degradation of environmental quality. According to our results considering the Ramsey solution on the economy, in a situation where: labor is endogenous, capital-based pollution tax is implemented, with a dynamic general economic-climatic equilibrium model, two environmental parameters are vital to be taken care of, “the weight of environmental quality” and “the polluting technology”. In an environment where we use increasingly polluting technology, in the absence of an increasing pollution tax regime, the quality of the environment and society's welfare will diminish subsequently. | ||
| کلیدواژه‌ها | ||
| dynamic optimal control model؛ pollution tax؛ small open economy؛ Ramsey model | ||
| مراجع | ||
|
[1] D. Acemoglu, M. Golosov, M., and A. Tsyvinski, Political economy of Ramsey taxation, J. Public Econ. 95 (2011), 467–475. [2] K. Angelopoulos, G. Economides, and A. Philippopoulos, First-and Second-Best Allocations under Economic and Environmental Uncertainty, Working Papers 2010 35, Business School- Economics, University of Glasgow, 35 (2010). [3] M. Anony, Developing Green Taxation-Summary of a Government Assignment Report 5390, Econ. Soc. Commission Pacific Envir. Sustain. Dev. Division, 2004, pp. 1–23. [4] L. Barrage, Sensitivity analysis for Golosov, Hassler, Krusell, and Tsyvinski: Optimal taxes on fossil fuel in general equilibrium, Econometrica 82 (2014), 41–88. [5] G.H. Bjertnaes and T. Faehn, Energy taxation in a small, open economy: Social efficiency gains versus industrial concerns, Energy Econ. 30 (2017), no. 4, 2050–2071. [6] B. Bureau, Distributional effects of a carbon tax on car fuels in France, Energy Econ. 33 (2011), 121–130. [7] A. Bovenberg and S. Smulders, Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model, J. Public Econ. 57 (1995), 369–391. [8] C. Chamley, Optimal taxation of capital income in general equilibrium with infinite lives, Econometrica 54 (1986), 607–622. [9] I.H. Correia, Should capital income be taxed in the steady state?, J. Public Econ. 60 (1996), 147–151. [10] P.A. De Hek, On taxation in a two-sector endogenous growth model with endogenous labor supply, J. Econ. Dyn. Control 30 (2006), 655–685. [11] S. Dessus and M. Bussolo, Is there a trade-off between trade liberalization and pollution abatement?, J. Policy Model. 20 (1998), 11–31. [12] Y. Dissou and T. Eyland, Carbon control policies, competitiveness, and border tax adjustments, Energy Econ. 33 (2011), 556–564. [13] G. Economides and A. Philippopoulos, Growth enhancing policy is the means to sustain the environment, Rev. Econ. Dyn. 11 (2008), 207–219. [14] N.E. Flores and P.E. Graves, Optimal public goods provision: Implications of endogenizing the labor/leisure choice, Land Econ. 84 (2008), 701–707. [15] M. Golosov, J. Hassler, P. Krusell, and A. Tsyvinski, Optimal taxes on fossil fuel in general equilibrium, Econometrica 82 (2014), 41–88. [16] J. Harati, K. Eslamloueyan, and M.A. Ghetmiri, The optimal environmental tax in a generalized growth model with clean technology diffusion and environment quality: The Case of Iran, J. Econ. Model. Res. 3 (2012), no. 7, 97–126. [17] M. Hill, Green Tax Reform in Sweden: The Second Dividend and the Cost of Tax Exemptions, Economics Department, Stockholm School of Economics and the Beijer Institute, Stockholm, Sweden, 1999. [18] S. Hwan Bae, The Welfare Consequences of Green Tax Reform in Small Open Economies, Department of Agricultural Economics and Rural Sociology the Pennsylvania State University, 2005. [19] M. Iosifidi and S. Jafarey, The Role of Taxation in a Ramsey Model with Environmental Externality, Department of Economics, City University, London, 2012. [20] L.E. Jones, R.E. Manuelli, and P.E. Rossi, On the optimal taxation of capital income, J. Econ. Theory 73 (1997), 93–117. [21] K.L. Judd, Redistributive taxation in a simple perfect foresight model, J. Public Econ. 28 (1985), 59–83. [22] F.E. Kydland and E.C. Prescott, Time to build and aggregate fluctuations, Econometrica 50 (1982), 1345–1370. [23] Q. Liang and X.F. Qian, Externality and agglomeration: A literature review, J. World Econ. 2 (2007), 84–96. [24] Sh. Majdzadeh Tabatabaei and A.H. Ostadzad, Study of pollution abatement policy by using comparative static analysis and endogenous growth model: Case study of Iran economy, Econ. Model. 9 (2015), 85–105. [25] M. Moghimi, N. Shahnooshi, Sh. Danesh, B. Akbari Moghadam, and M. Daneshvar, The survey of welfare and environmental effects on the green tax & decline subsidy on fuels in Iran by using a computable general equilibrium model, Quart. J. Agricul. Econ. Dev. 19 (2011), no. 3, 79–108. [26] C.I. Plosser, Understanding real business Cycles, J. Econ. Perspect. 3 (1989), 51–77. [27] A.H. Ostadzad and E. Hadiyan, Estimating the optimal pollution tax for Iranian economy, Quart. J. Econ. Growth Dev. Res. 3 (2013), 57–74. [28] A.H. Ostadzad and E. Hadiyan, Optimal income tax rate with and without environmental considerations, J. Appl. Econ. Stud. Iran 4 (2015), 1–25. [29] J. Pajouyan and N. Amin Rashti, Green taxes with emphasis on gasoline consumption, Econ. Res. J. 7 (2007), 1. [30] J.E. Stiglitz, Pareto efficient and optimal taxation and the new welfare economics, Handbook of Public Economics, 2 (1987), chapter 15, pp. 991–1042. [31] S.J. Turnovsky, Fiscal policy, elastic labor supply, and endogenous growth, J. Monetary Econ. 45 (2000), 185–210. [32] W. Wissema and R. Dellink, AGE analysis of the impact of a carbon energy tax on the Irish economy, Ecolog. Econ. 61 (2007), 671–683. | ||
|
آمار تعداد مشاهده مقاله: 2,840 تعداد دریافت فایل اصل مقاله: 205 |
||