| Author(s) |
Meng, Xianming
Siriwardana, Mahinda
McNeill, Judith
|
| Publication Date |
2015
|
| Abstract |
The paper employs a computable general equilibrium (CGE) model with an environmentally-extended Social Accounting Matrix (SAM) to simulate the effects of a carbon tax of $23 per tonne of carbon dioxide on different economic agents, with and without a compensation policy. According to the simulation results, the carbon tax can cut emissions effectively, but will cause a mild economic contraction. The proposed compensation plan has little impact on emission cuts while significantly mitigating the negative effect of a carbon tax on the economy. The effect on various employment occupations is mildly negative, ranging from -0.6% to -1.7%, with production and transport workers worst affected.
|
| Citation |
International Journal of Social Science and Humanity, 5(6), p. 514-519
|
| ISSN |
2010-3646
|
| Link | |
| Language |
en
|
| Publisher |
International Association of Computer Science and Information Technology (IACSIT)
|
| Title |
The Environmental and Employment Effect of Australian Carbon Tax
|
| Type of document |
Journal Article
|
| Entity Type |
Publication
|
| Name | Size | format | Description | Link |
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