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- W2039774057 abstract "This paper considers the implications of environmental tax reform and public spending policy for growth and welfare. Using a two-sector endogenous growth model where the interactions between health, education, and the environment are taken into account, we show that revenue-positive tax reforms combined with a change in the public spending structure may improve long-run growth and welfare. However, this outcome incurs relatively high welfare cost during the transition phase. This is particularly the case when the spending policy favors education spending." @default.
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- W2039774057 date "2015-02-01" @default.
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- W2039774057 title "Growth and welfare effects of environmental tax reform and public spending policy" @default.
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- W2039774057 doi "https://doi.org/10.1016/j.econmod.2014.10.040" @default.
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