Using revenue from an energy tax to finance social security: a dynamic general equilibrium model for Switzerland

Felder, Stefan; Nieuwkoop, Renger van

doi:10.1504/ijsd.2000.001528

Cited by 4 publications

(8 citation statements)

References 9 publications

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“…The pervasive role of energy in the economy and the numerous ways in which energy subsidies can distort resource allocations imply the necessity of a general equilibrium approach. There are many CGE exercises in modelling energy price reforms and evaluating the impacts of energy policies on specific issues such as climate change (Bohringer et al ., 2006; Guivarch et al ., 2009), non‐energy markets (Gohin and Chantret, 2010), income inequality (Yang, 2000), social security finance (Felder and Nieuwkoop, 2000), labour market (Welsch, 1996) and capital formation (Struckmeyer, 1986). However, most CGE exercises analyse the impact of the policy on the whole economy and/or the environment.…”

Section: Literature Reviewmentioning

confidence: 99%

An analysis of energy price reform: a CGE approach

Manzoor

Shahmoradi²,

Haqiqi

2012

OPEC Energy Review

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1 This paper identifies two types of implicit and explicit energy subsidies in Iran as an oil-producing country. Using a computable general equilibrium model, we study the impacts of reducing implicit and explicit energy subsidies, which entails a huge increase in domestic energy prices. The model is based on a Modified Micro Consistent Matrix (prepared by the authors for the Ministry of Energy in Iran), which includes implicit subsidies and sector-specific capital. The model consists of 36 commodity goods and 18 production activities. Our findings suggest that, except for energy and services, overall economic activity declines and the consumer faces a lower level of welfare after subsidy reduction. Energy exports would increase and non-energy exports decline. Domestic energy demand by households and producers would decline as well. On the demand side, the results show a crowding out effect on public goods and services. 35 ServicesAn analysis of energy price reform: a CGE approach 43 OPEC Energy Review March 2012

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Section: Literature Reviewmentioning

confidence: 99%

An analysis of energy price reform: a CGE approach

Manzoor

Shahmoradi²,

Haqiqi

2012

OPEC Energy Review

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“…Additionally, the relationship between the social security and the quality of the environment has enticed significant emphasis. The environmental tax-financed social security reform was examined by Felder and Nieuwkoop (2000), Wendner (2001), and Ono (2005;2007) and displayed that this reform makes the quality of the environment and well-being better. Rangel's (2003) and Liang and Wu (2013) study the relationship between social security and the quality of the environment in the political equilibrium and the competitive equilibrium respectively.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Population Aging on Environmental Quality: Does Social Security Matter?

Safi¹,

Hassen²

2022

VULS

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In this paper, longevity, social security and the environment are modeled in the context of the prominent two-overlapping-generations general-equilibrium model with rational expectations. The model is developed to examine the impact of population aging, in a pay-as-yougo (PAYG) financed defined contributions pension scheme, on the evolution of capital and environmental quality. Analytical outcomes are derived for the steady state by the method of comparative statics. We have shown, by analysing the effect of aging on environmental quality that the influence of social security appears when the value of longevity exceeds 0,4. A transient regime is obtained by investigating the effect of longevity on capital accumulation at the point where the longevity is equal to 0,24. We have proved that the increase in pensions benefits affect negatively the amplitude of the steady-state capital.

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“…Energy taxes, on the other hand, can boost regional revenue, which is largely used to control environmental concerns such as insecurity. Felder and van Nieuwkoop [3] stated that social security is a critical policy problem that must be incorporated into a country's financial framework. It is also not advisable to raise payroll taxes in order to prevent negative consequences for citizens and future generations [3].…”

Section: Introductionmentioning

confidence: 99%

“…Felder and van Nieuwkoop [3] stated that social security is a critical policy problem that must be incorporated into a country's financial framework. It is also not advisable to raise payroll taxes in order to prevent negative consequences for citizens and future generations [3]. As a result, other sources of revenue to fund instability in a resource-based economy become critical.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Environmental Energy Taxes on Nigeria’s Insecurity Situation

Omodero¹,

Okezie²

2022

IJSSE

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It is critical to enhance environmental energy taxes in order to offer a more secure business climate in Nigeria. Insecurity in Nigeria is severe, and it has become a component of the country's environmental problem to deal with. This research investigates the influence of environmental energy tariffs on Nigeria's insecurity condition. The research approach is cross-sectional, and secondary data from 2010 to 2020 were used in this study. According to the multiple regression results, all factors have a substantial beneficial influence on the country's insecurity management. The petroleum profit tax, gas exploration tax, and level of freedom from corruption, all have a good and substantial impact on security management. The study indicates that the government has significantly utilized environmental energy taxes to combat insecurity. However, if the country will be totally free from corruption, insecurity will be minimized. Therefore, the study urges immediate participation of international community in the Nigeria’s insecurity concerns. This move has become extremely essential to salvage the country from all ecologically connected difficulties and to guarantee peace and safety for all inhabitants. Concerning corruption, it is high time for the government to begin looking for the sponsors of insurgency and abduction in order to punish them more severely.

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Using revenue from an energy tax to finance social security: a dynamic general equilibrium model for Switzerland

Cited by 4 publications

References 9 publications

An analysis of energy price reform: a CGE approach

An analysis of energy price reform: a CGE approach

The Impact of Population Aging on Environmental Quality: Does Social Security Matter?

The Impact of Environmental Energy Taxes on Nigeria’s Insecurity Situation

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