Doing Taxes Better: Simplify, Open and Grow Economy

How Effective are Emission Taxes in an Open Economy?

This paper compares emission taxes with other taxes from the viewpoint of emission reduction in an open economy. Using a simple monopoly model, we show that emission taxes may not be very effective to protect environment because of the spillover effects between markets stemming from non-constant marginal costs and transboundary externalities. Other taxes such as production taxes and tariffs are...

Carbon and energy taxes in a small and open country

Malaysia, as a small and developing country, must reduce carbon emissions because the country is one of the top CO2-emitting countries in the ASEAN region. Therefore, the current study implements two environmental tax policies; carbon and energy taxes, in order to examine the impacts of these policies on the reduction of carbon emission in the whole of the economy by applying a compu...

Do Taxes Produce Better Wine?

Theory predicts that unit taxes increase the quality in a market since unit taxes reduce the relative price of high quality goods. Ad valorem taxes, on the other hand, have no effect on relative prices and should not affect product quality. The hypothesis is tested empirically in the US wine market. I find that the market share of high quality wine is significantly increased by unit taxes and t...

Environmental taxes and international spillovers: The case of a small open economy ¬リニ

a r t i c l e i n f o JEL classification: D58 D62 F18 H23 Keywords: Small open economy Externality Efficiency cost Abatement cost Border tax adjustment Free emissions allocations In the existence of trade interaction, a sub-global climate change policy can generate externality, which can cause competitiveness issues for the producers in compliant regimes. However among compliant regions, a smal...

Why aren't we doing better?