Effects of the internalization of the social cost of global and local air pollutants in Chile

Mardones, Cristián; Mena, Camilo

doi:10.1016/j.enpol.2020.111875

Cited by 10 publications

(4 citation statements)

References 33 publications

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“…Nevertheless, this was not feasible to implement due to a lack of consensus on the value of SCC. The optimum rate derived from SCC is not relevant for implementation since it is considered too high and expected to increase prices in fundamental sectors (Mardones & Mena, 2020). After consideration, Chile pivoted and used the international carbon price as its final decision.…”

Section: Setting the Effective Tax Ratementioning

confidence: 99%

Fiscal Policy Instruments and Green Development

2023

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The views in this publication do not necessarily reflect the views and policies of the Asian Development Bank Institute (ADBI), its Advisory Council, ADB's Board or Governors, or the governments of ADB members.ADBI does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. ADBI uses proper ADB member names and abbreviations throughout and any variation or inaccuracy, including in citations and references, should be read as referring to the correct name.By making any designation of or reference to a particular territory or geographic area, or by using the term "recognize," "country," or other geographical names in this publication, ADBI does not intend to make any judgments as to the legal or other status of any territory or area.Users are restricted from reselling, redistributing, or creating derivative works without the express, written consent of ADBI.

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Section: Setting the Effective Tax Ratementioning

confidence: 99%

Fiscal Policy Instruments and Green Development

2023

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“…As one of the manifestations of the "Pigouvian Taxes", sewage charges are an important way to internalize the external costs of the enterprise environment. Since the "Pigouvian Taxes" were proposed, the effects of environmental charges have been widely recognized [23]. As an important form of environmental economic policy, a number of countries have started to use environmental taxes as a means to protect the natural environment and maintain ecological balance [24].…”

Section: Related Research On the Impacts Of Sewage Charges On Environment Pollutionmentioning

confidence: 99%

Dynamic Impact of Environmental Regulation on Environmental Performance in China: New Evidence from a Semiparametric Additive Panel Analysis

Long

2021

Sustainability

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Environmental protection is the core of sustainable economic development, and environmental policy plays a key role in achieving protection goals. Therefore, it is extremely crucial to evaluate the effectiveness of environmental policies. Existing studies mainly focus on the average impact of environmental policies on environmental pollution but ignore their dynamic impact, which is prone to misestimate the effect of environmental policies. To make up for the deficiency, a semiparametric additive panel data model is used to explore the dynamic impact of China’s sewage charging policy on environmental performance at each level of the levy. The results show that the relationship between sewage charge level and environmental degeneration is an “M-shaped” pattern, indicating that the current sewage charge policy is not absolutely effective. Moreover, the results also reveal an “N-shaped” linkage between economic growth and environmental pollution, indicating that economic development is not sustainable. Moreover, the factors of energy consumption, population growth, and industrialization contribute to increasing environmental degeneration. Although technological development has a positive impact on environmental performance, its impact is insignificant. This study could provide new evidence for strengthening environmental regulatory reform and promoting green economic development.

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“…The cost is known as external cost or the externalities [19], [20]. Internalizing the externalities is suggested to ease the environmental impacts of economic activity [2], [21]. However, internalizing the externality means increasing the price, affecting the consumer's welfare [22]- [24].…”

Section: Introductionmentioning

confidence: 99%

“…Thus, it is usually avoided and not preferred. Since no one is willing to bear it, it will be borne by the environment and the local people [21], [25].…”

Section: Introductionmentioning

confidence: 99%

A Revisit of the Energy-Economy-Environment Nexus with Multi-Regression

Asri¹,

Yusgiantoro²

2022

Int. J. Adv. Sci. Eng. Inf. Technol.

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Economic development leaves its residues on the environment, then it is believed as the cause of environmental damage. Recognizing the real cause of environmental damage during the development process is crucial, as it could prevent the government from using dirty energy sources in developing the economy. This study believes that the real cause of environmental degradation is energy consumption. Considering the importance of the energy-economy-environmental nexus where energy is hypothesized as the driver of the two-the economy and the environment, this study conducts a multi-regression analysis where the economy and environmental degradation are the dependent variables affected by energy consumption as the independent variable. Thus, the study aims to investigate whether energy consumption is the real driver of the economy and environmental degradation by comparing energy consumption impacts on both. The sample was all countries (world and economies group) from 1990-2013. The economy's elements expected to contribute to CO2 emissions (FDI, Trade, Urban population) are also under investigation. The results show that the energy coefficients are always positive and have the largest value in almost all models, indicating that energy drives the economy and environmental quality (represented by CO2 emissions). Following the second hypothesis, the impacts of Urban population, FDI, and Trade on CO2 emissions depend on the development level of the three variables. This study is expected to make the policymakers aware that the energy type they choose could improve the economy and environmental quality or put both as a trade-off.

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Effects of the internalization of the social cost of global and local air pollutants in Chile

Cited by 10 publications

References 33 publications

Fiscal Policy Instruments and Green Development

Fiscal Policy Instruments and Green Development

Dynamic Impact of Environmental Regulation on Environmental Performance in China: New Evidence from a Semiparametric Additive Panel Analysis

A Revisit of the Energy-Economy-Environment Nexus with Multi-Regression

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