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Tax Scenarios (tax + scenario)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

Reducing Greenhouse Gas Emissions in the Queensland Electricity Supply Industry: Gas and Carbon Tax Scenarios

THE AUSTRALIAN ECONOMIC REVIEW, Issue 3 2004
Paul Simshauser
This article examines various greenhouse gas scenarios for the electricity supply industry in the coal-rich state of Queensland. The authors use a dynamic partial equilibrium model of the Queensland electricity system to examine the effects of four alternate policy scenarios: a business-as-usual case, a centrally planned gas-fired case, and two carbon tax scenarios, the first in which the merit order of coal and gas plant is reversed, and the second in which fuel switching is undertaken. The results indicate that no scenario is capable of delivering sufficient cuts in emissions to meet a ,Kyoto equivalent' industry target. While fuel switching brought about the greatest reduction in emissions, the high cost of this scenario indicates that a more efficient outcome for the electricity supply industry in Queensland would be a broad-based Australia-wide approach to emissions abatement, so that carbon reductions can be accessed from industries capable of achieving lower cost emissions abatement. [source]

Would a Flat-Rate Tax Stimulate Entrepreneurship in Germany?

FISCAL STUDIES, Issue 2 2009
A Behavioural Microsimulation Analysis Allowing for Risk
H24; J23; L26; D81 Abstract When potential income tax reforms are debated, the suspected impact on entrepreneurship is often used as an argument in favour of or against a certain policy. Quantitative ex-ante evaluations of the effect of certain tax reform options on entrepreneurship are very rare, however. This paper estimates the ex-ante effects of the German tax reform 2000 and of two hypothetical flat-rate tax scenarios on entries into and exits out of self-employment based on a structural microsimulation model with econometrically estimated transition rates under risk. The simulation results indicate that flatter tax systems do not encourage people to choose self-employment, but rather discourage them from doing so. This is explained by the reduction of entrepreneurs' income risk through progressive taxation. [source]

Reducing Greenhouse Gas Emissions in the Queensland Electricity Supply Industry: Gas and Carbon Tax Scenarios

THE AUSTRALIAN ECONOMIC REVIEW, Issue 3 2004
Paul Simshauser
This article examines various greenhouse gas scenarios for the electricity supply industry in the coal-rich state of Queensland. The authors use a dynamic partial equilibrium model of the Queensland electricity system to examine the effects of four alternate policy scenarios: a business-as-usual case, a centrally planned gas-fired case, and two carbon tax scenarios, the first in which the merit order of coal and gas plant is reversed, and the second in which fuel switching is undertaken. The results indicate that no scenario is capable of delivering sufficient cuts in emissions to meet a ,Kyoto equivalent' industry target. While fuel switching brought about the greatest reduction in emissions, the high cost of this scenario indicates that a more efficient outcome for the electricity supply industry in Queensland would be a broad-based Australia-wide approach to emissions abatement, so that carbon reductions can be accessed from industries capable of achieving lower cost emissions abatement. [source]

Climate Change Policy Options for Asian Economies: Findings from an Integrated Assessment Model

ASIAN ECONOMIC POLICY REVIEW, Issue 1 2010
Dominique VAN DER MENSBRUGGHE
D31; D58; O53; Q54 This study outlines potential futures for the global economy through the 2050 with a specific focus on the countries of Asia. With underlying assumptions about population and output growth, a baseline scenario assesses the growth of greenhouse gas emissions and the ensuing impacts on the climate. Under the baseline scenario, Asia's high growth leads to a strong rotation in global output and emissions by the year 2050. The analytical framework traces back the changes in temperature to economic damages , limited to the agricultural sectors. Parts of Asia are likely to see much higher dependence on food imports as a consequence of these damages. Various carbon tax scenarios are implemented to assess the potential for reducing carbon emissions. Because of the structure of their economies, Asian countries are likely to bear the greatest burden in reducing emissions in an efficient global tax scheme, but there is significant scope to ease this burden through financial transfers. [source]