Environmental fiscal reform and the possibility of triple dividend in European and non-European countries: evidence from a meta-regression analysis

Maxim, Maruf Rahman (2019): Environmental fiscal reform and the possibility of triple dividend in European and non-European countries: evidence from a meta-regression analysis. Published in: Environmental Economics and Policy Studies (14 March 2020)

Abstract

We present a synthesis of simulation studies concerning green tax reform (GTR) in European and non-European countries. The GTR performance is analysed in a triple dividend (TD) context including the reduction of carbon dioxide (CO2) emissions (first dividend), increased GDP (second dividend), and higher employment (third dividend). Our findings are fourfold: (1) there is high TD potential, with stronger evidence for second and third dividends in European countries; (2) a reduction in labour tax is the most potent GTR policy measure to entail TD; (3) TD evidence is stronger when mixed tax and tax recycle policies are employed; (4) taxes based on CO2 emissions exhibit the highest TD potential.

• Item Type: MPRA Paper
• Language: English
• Keywords: Green tax reform, Triple dividend, Meta-analysis
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H23 - Externalities ; Redistributive Effects ; Environmental Taxes and Subsidies; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O44 - Environment and Growth; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q58 - Government Policy

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