| 题名: | A NOTE ON ENVIRONMENT-DEPENDENT TIME PREFERENCES |
| 作者: | Chu, H (Chu, Hsun)
Lai, CC (Lai, Ching-chong)
Liao, CH (Liao, Chih-hsing) |
| 贡献者: | 經濟系 |
| 关键词: | Endogenous Time Preference
Endogenous Growth
Pigouvian Tax |
| 日期: | 2016-09 |
| 上传时间: | 2017-04-11 13:55:53 (UTC+8) |
| 摘要: | In this paper we investigate the growth effect of environmental taxes when time preference is endogenously determined by environmental quality. We find that if people become more patient because of a cleaner environment, raising the environmental tax may reduce pollution and stimulate growth. Moreover, the Pigouvian principle may be inefficient in the presence of endogenous time preference. |
| 關聯: | MACROECONOMIC DYNAMICS MACROECONOMIC DYNAMICS 卷: 20期: 6 頁碼: 1652-1667 |
| 显示于类别: | [Department of Economics & Graduate Institute of Economics ] journal articles
|
