A note on environment-dependent time preferences

Hsun Chu, Ching Chong Lai, Chih Hsing Liao

研究成果: 雜誌貢獻期刊論文同行評審

3 引文 斯高帕斯(Scopus)

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.

原文???core.languages.en_GB???
頁(從 - 到)1652-1667
頁數16
期刊Macroeconomic Dynamics
20
發行號6
DOIs
出版狀態已出版 - 1 9月 2016

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