The double dividend hypothesis in a CGE model: Specific factors and variable labour supply

Arbeitspapier

Employing a CGE model we examine the Double Dividend (DD) hypothesis for Australia and UK. Following Bento and Jacobsen (2007), we analyze specific factors in the production of energy goods and the impact on the DD. By incorporating endogenous labour supply we examine the labour market effect of targeted abatement policies. For Australia the DD is significantly larger with the specific factor characterisation of the economy when recycling revenue through reductions in consumption taxes, but there is no evidence of a DD when employing income tax. We find minimal evidence of a DD for UK for either recycling instrument.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: School of Economics Discussion Papers ; No. 10,01

Classification and Topics

• Classification: Wirtschaft ; Pollution Control Adoption and Costs; Distributional Effects; Employment Effects ; Energy: Government Policy ; Computable General Equilibrium Models
• Subject: environmental taxes ; double dividend ; specific factors ; Energiewirtschaft ; Einkommensteuer ; Abfallwirtschaft ; Arbeitsmarkt ; Doppelte Dividende ; Großbritannien ; Australien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fraser, Iain ; Waschik, Robert
• Event: Veröffentlichung
• (who): University of Kent, School of Economics
• (where): Canterbury
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/50580
• Last update: 10.03.2025, 11:42 AM CET