000 01738naa a2200193uu 4500
001 11738
003 OSt
005 20190211155622.0
008 030312s2006 xx ||||gr |0|| 0 eng d
100 1 _aPARRY, Ian W. H
_98142
245 1 0 _aPolicy analysis in the presence of distorting taxes
260 _c2000
520 3 _aThis article first describes the new literature in environmental economics on the socalled "double-dividend" and then explores its implications for a broad range of economic issues. This literature reveals that in a second-best , general-equilibrium setting , environmental measures raise costs and prices and thereby reduce the real wage. This rise in the cost of living reduces slightly the quantity of labor supplied in an already highly distorted labor market, giving rise to losses in social welfare that can be large relative to the basic gains from a cleaner environment. These losses can be offset to some extent by using revenues (if any) from the environmental programs to reduce existing taxes on labor. This ame line of analysis applies to many programs and institutions in the economy that raise te cost of living: tariffs and quotas on imports, agricultura price-support programs, monopoly princing, programs of occupational licensure that limit entray, and many others. Thus, traditional, partial-equilibrium benefit-cost analysis appears, in many instances, to have unwittingly omitted fromthe calculations a potentially quite significant class of social costs
700 1 _aOATES, Wallace E
_97845
773 0 8 _tJournal of Policy Analysis and Management
_g19, 4, p. 603-613
_d, 2000
_w
942 _cS
998 _a20030312
_bCassio
_cCassio
998 _a20060331
_b1543^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c11861
_d11861
041 _aeng