題 目:The Political Economy of Environmental Policy with Overlapping Generations
主講人: Larry Karp教授 美國加州大學伯克利分校
時 間:2011年7月6日 15:30
地 點:主樓六層會議室
主講人簡介:
Larry S. Karp,UC Berkeley農業與資源經濟學教授,Texas A&M等高校兼職教授。主要從事環境經濟學、全球氣候政策、國際經濟學、動態優化與動態博弈等研究。曾任或現任Journal of Environmental Economics and Management, American Journal of Agricultural Economics, Journal of Economic Dynamics and Control等多份期刊主編、副主編或編委。在REStu., REStat., JET, EJ等著名期刊發表論文約100篇。
內容簡介:
A two-sector OLG model illuminates previously unexamined intergenerational effects of a tax that protects an environmental stock. A traded asset capitalizes the economic returns to future tax-induced environmental improvements, benefiting the current asset owners, the old generation. Absent a transfer, the tax harms the young generation by decreasing their real wage. Future generations benefit from the tax-induced improvement in environmental stock. The principal intergenerational conflict arising from public policy is between generations alive at the time society imposes the policy, not between generations alive at different times. A Pareto-improving policy can be implemented under various political economy settings.
(承辦:應用經濟系、能源與環境政策研究中心)