The economic and distributional impacts of an increased carbon tax with different revenue recycling schemes
Citation:Kelly de Bruin, Eoin Monaghan, Yakut Aykut Mert, 'The economic and distributional impacts of an increased carbon tax with different revenue recycling schemes', [Report], ESRI, 2019-10-08, ESRI Research Series;95
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This study finds that a carbon tax could have some adverse impacts on GDP, inequality and household income. However, the impact is limited and could be reduced by using a well-designed revenue recycling scheme. The results come from research using the ESRI’s environment, energy and economy (I3E) model for Ireland.
Type of material:Report
Series/Report no:ESRI Research Series;95
Availability:Full text available