Carbon taxes have largely been discussed as individual country measures (even if taken simultaneously) aimed to reduce carbon emissions, slow global warning, and internalizing the externalities associated with carbon generating activities, such as power generation. There has however been little emphasis on the incentives for subgroups of countries to jointly peruse carbon taxes. Yet for large i...

We embed a simple linear model of the carbon cycle in a standard neoclassical growth model where one input to the production function, oil, is non-renewable. The use of oil generates carbon emission, the key input in the carbon cycle. Changes in the amount of carbon in the atmosphere drive the greenhouse e¤ect and thereby the climate. Climate change is modeled as a global damage to production a...

This paper incorporates costly migration into the empirical literature on the incidence on wages of states and local taxes. The responsiveness of pre-tax wages to changes in state and local taxes (including income, sales and property taxes) is shown to vary by age and education. Using repeated cross-section and pseudo-panel regressions, the paper shows that the pre-tax wages of highly-educated ...

Extensive reforms of India‟s indirect taxes at the central and the state levels has prepared the necessary ground for the implementation of a comprehensive goods and services tax (GST). The Empowered Committee of the State Finance Ministers in their First Discussion Paper and the Thirteenth Finance Commission in their recently submitted report have suggested GST models which are quite different...

There is substantial evidence that hazardous and solid waste facilities are located disproportionately in communities of color. While there are many potential explanations, one contributing factor might be that policy makers treat waste facilities differently, depending on the racial makeup of the facilities’ host communities. On a larger scale, policies targeted at waste facilities might also ...

This paper deals with the question, whether in a federal state the regions should obtain the right to levy regional income taxes. It is shown that a revenue sharing system in uences the optimal income tax rates and causes distortions. In a federal system with other distorting taxes, several states and a revenue sharing system the welfare e ects of regional income taxes can be positive or negati...

The taxation of diesel fuel varies by use. Consumers using diesel fuel on-road must pay state and federal highway taxes while diesel fuel consumed for residential heating, industrial use, farming or off-road travel do not pay taxes. Variation in the taxation of diesel fuel creates the incentive for firms and individuals to evade on-road diesel taxes. Firms evading on-road diesel taxes purchase ...

In this study we investigate the economic effects of carbon taxes on the Russian economy. The main findings of this study are the following: an introduction of carbon taxes compensated by an increase in lump-sum subsidies may weak the Russian economy through higher energy costs. Moreover, such an environmental tax reform could induce Dutch disease in Russia because of increases in the domestic ...

This paper examines the role for tax policies in productivity-shock driven economies with \catching-up-with-the-Joneses" utility functions. The optimal tax policy is shown to a ect the economy countercyclically via procyclical taxes, i.e., \cooling down" the economy with higher taxes when it is \overheating" in booms and \stimulating" the economy with lower taxes in recessions to keep consumpti...

Existing evidence for the role of cigarette excise taxes and prices as significant determinants of youth smoking initiation is mixed. A few studies have considered the possibility that the impact of cigarette taxes and prices might differ by gender or race/ethnicity. In this paper, we address the role of cigarette taxes and prices on youth smoking initiation using the National Longitudinal Surv...