000 01462nab a2200265 c 4500
999 _c148196
_d148196
003 ES-MaIEF
005 20230920141031.0
007 ta
008 230920t2023 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 _918324
_aMetcalf, Gilbert Elliot
245 4 _aThe macroeconomic impact of Europe's carbon taxes
_c Gilbert E. Metcalf and James H. Stock
500 _aResumen.
504 _aBibliografía.
520 _aWe estimate the macroeconomic impacts of carbon taxes on GDP and employment growth rates using 30 years of data on carbon taxation in various European countries. We find no evidence for a negative impact on employment or GDP growth but rather find a zero to modest positive impact. We also find a cumulative emissions reduction on the order of 4 to 6 percent for a $40/ton CO2 tax covering 30 percent of emissions. Reductions would likely be greater for a broad-based US carbon tax since European carbon taxes typically do not cover those sectors with the lowest marginal abatement costs.
650 4 _970314
_aCARBONO
650 _aIMPUESTOS
_947460
650 4 _946552
_aINCIDENCIA Y TRASLACION
650 4 _aEMPLEO
_943494
650 4 _aUNION EUROPEA
_948644
650 4 _925837
_aANALISIS MACROECONOMICO
700 _942434
_aStock, James H.
773 0 _9170205
_oOP 2137/2023/3
_tAmerican Economic Journal : Macroeconomics
_w(IEF)64915
_x 1945-7707
_g v. 15, n. 3, July 2023, p. 265-286
942 _cART