• Nuclear Engineering and Technology
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• v.56 no.1
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• pp.180-188
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• 2024

This research examined consumption-based carbon emission reduction by nuclear energy consumption and environmental tax while considering the context of trade globalization in the highest five emitter nations from 1990 to 2020. This study used various empirical methodologies, including preliminary analysis to check the stationarity and cointegration, the CS-ARDL for long-run analysis, CCEMG, AMG for robustness, and the D-H causality test for short-term pairwise causation. The results indicated that nuclear energy consumption, environmental tax, and trade globalization help to mitigate consumption-based carbon emissions while economic growth and population density boost carbon emissions. Furthermore, the results also found two-way casual connection exists between nuclear energy consumption, population density, and consumption-based carbon emissions. Thus, the results emphasize the need for government policies that encourage nuclear energy and environmental tax as a strategy to reduce carbon emissions and achieve and maintain environmental development.

• The Journal of Fisheries Business Administration
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• v.43 no.1
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• pp.49-61
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• 2012

The tax exemption oil for fishery is expecting that the use of oil is gradually decreasing according to the environmental change such as reductions of vessel force caused by an upswing of oil prices and reduction of fishing vessels in the recent. Such reductions in the tax exemption oil amount have a negative effect on the tax exemption oil business and the fishery infrastructure. This paper studied to provide the basic data for a stable supply thorough the facts affected in the use of the tax exemption oil and the prediction for the use of the tax exemption oil in future. This analysis drew a estimation method by Cochrane-Orcutt repeated proceeding model with an object main factors such as a price of tax exemption oil and vessel force and international oil prices and exchange rates. And this analysis also drew the use of a tax exemption oil by 2000 after set up the scenario using an estimation method drawn. For the use of the estimated tax exemption oil analyzed to decrease within about 81 percent of the present(2020), It should be considering a stability plan for tax exemption oil for fishery in future.

• Journal of Environmental Policy
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• v.7 no.2
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• pp.1-32
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• 2008

This study examined the income distribution effect of the environmental taxes in the energy sector by applying the Urban Family Survey and the Household Income and Expenditure Survey to the Kakwani index. The results analyzed are as follows: first, taxes of the non-transportation energy sector show progressive tax schemes, while those of transportation energy show regressive ones. Second, we calculated the scenario-specific progressivity index on basis of the existing energy price structure. Contrary to the previous works claimed to be regressive, the progressivity in scenario I got higher than before, except for the congestion taxes. Also, the index by the total sum of taxes in scenario II showed just a little bit higher progressive tax system. In scenario III, both the value added tax and the total sum of taxes have a little regressive structure, but the indexes in the environmental taxes, heat capacity taxes, and those which the environmental tax and the congestion tax and heat capacity taxes are summed up, are in general progressive. Third, subsidizing the tax revenues raised from the environmental taxes to the poor classes by a simulation approach shows more progressive as expected, implying the more subsidy the higher the progressivity index. As a result, it is said that the implementation of the environmental taxes has no negative impact on the income distribution, and the subsidy of the tax revenue raised from it to the poor can make the income inequality improve.

• Environmental and Resource Economics Review
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• v.21 no.2
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• pp.371-416
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• 2012

This study has developed Computable General Equilibrium (CGE) model reflecting endogenous growth economic theory, with the aim of analyzing double dividend hypothesis. This study analyzes possibility of economic growth and environmental improvement at the same time when government recycles the revenue of carbon tax to reduce existed taxes such as consumption tax, labor income tax, corporate tax. It also assesses the case of subsidy on R&D investment of renewable energy. With new and renewable generation technology adopted and disseminated, GDP loss would be lessened to a great degree. Tax recycling would provide economic gain by reducing distortion existed in the existing fiscal structure. The magnitude of economic gains from carbon tax recycling is biggest for recycling into corporate tax, and labor income tax, and then consumption tax in this order. It is also shown that double dividend effects occur in dynamic terms when government uses a carbon tax revenue to subsidize on R&D investment. At the end of the analysis period, emissions reduction would not result in GDP loss but in GDP gain. In particular, recycling into R&D increase would produce the largest and fastest GDP gain. Thus, implementing emissions reduction target would require careful consideration of economic effects by various policy instrument, including carbon tax.

• Economic and Environmental Geology
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• v.42 no.6
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• pp.669-673
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• 2009

• Environmental and Resource Economics Review
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• v.11 no.2
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• pp.195-210
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• 2002

In this paper, we present a nonrenewable resource model including environmental pollution stock as a state variable to analyze the dynamic structure of environmental tax. Based on the optimality conditions of our model, we showed that the optimal time path of the shadow cost for environmental pollution stock is the same as that of the costate variable for environmental pollution stock. We did this by applying the theorem, Continuous Dependence on Initial Conditions (Coddington and Levinston, 1985, pp. 22~27), to the optimal control problem. Thus, this result provides a theoretical basis to determine the magnitude of environmental tax to be imposed over time. In addition, we also identified that the costate variable for environmental pollution stock is solely due to the disutility effect.

• Environmental and Resource Economics Review
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• v.13 no.1
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• pp.133-160
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• 2004

This paper analyzes the long-run effects of an environmental tax levied on motor vehicles. If the government charges their consumers the tax as much as the monetary value of the external damage due to the pollutants emitted from motor vehicles, the operation of vehicles is reduced to the socially optimal level, alike to ordinary Pigouvian taxes. Thus, air pollution abatement is realized in the short run. Moreover, in the long run, the tax leads the consumers to prefer cleaner vehicles owing to the tax burden, and so the firms produce the motor vehicles with less pollutants emitted to meet the change of demand. Therefore, the tax has the additional effect on air pollution abatement. This result is obtained from the simulation in the oligopoly model which has an interior solution when the vehicles are horizontally and vertically differentiated.

• Journal of Environmental Policy
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• v.8 no.3
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• pp.139-162
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• 2009

This paper confirms previous results indicating that the expenditure elasticity of demand for polluting goods plays an important role in achieving efficiency gains from tax reforms. Moreover, this paper finds that the results of the tax reforms depend not only on the size of the expenditure elasticity for the polluting goods but also on the relative size of the expenditure elasticities between polluting goods and clean goods. It also shows that in order to enhance the overall tax efficiency by the environmental tax reform, the expenditure elasticity of demand for clean goods should be larger than that of polluting goods. The result implies the following policy suggestion: When the tax authority considers green tax reforms, the expenditure elasticities should not be neglected to achieve gains in the overall efficiency of the tax system.

• Environmental and Resource Economics Review
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• v.9 no.5
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• pp.853-876
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• 2000

The purpose of this paper is to come up with the measures for sustainable development of the agricultural sector in store for the strengthened U.N. Framework Convention on Climate Change. We analyze the spillover effects of Methane and Nitrous Oxides taxes (carbon tax) on the Korean agricultural sector. Unlike the other sectors, the agricultural sector has a unique characteristic generating greenhouse gas in the process of production itself even without consuming much fossil fuel. In order to estimate the impacts of those taxes, non-linear optimization method has been used with various assumed scenarios. The production effect, income and' price effect, and greenhouse gas emission reduction effect in the agricultural sector have been estimated through this method. The empirical results show that the paddy sector has a bigger tax effect than the livestock sector. In the paddy sector, the carbon tax has more impacts in the suburban areas than in the rural areas, while the swine farming section in the livestock sector has a conspicuous income effect in the midst of low greenhouse gas emission effect. These results allude us to apply graded tax rates to the crop, the livestock, and the region of different kind. Even if the agricultural sector has a less tax effect when compared with other industrial sectors, an environmental tax might be an effective measure to prevent global warming.

• Journal of Environmental Impact Assessment
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• v.8 no.4
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• pp.59-72
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• 1999

The purpose of the study is to propose the concrete and realistic alternative measures for $CO_2$ emission reduction on commercial sector. To achieve the purpose, this study adopted AIM/KOREA simulation model modified from AIM(Asia-Pacific Integrated Model) originally developed by Japan National Environmental Research Institute. The results of simulation demonstrate that the $CO_2$ emission from the commercial sector in 1995 was estimated 864 million TC(tons of carbon); however, according to the base scenario, $CO_2$ emission in 2020 is expected to be increased to 1,872 million TC, which is 2.17 times greater than that in 1995. In order to mitigate the ever-increasing $CO_2$ emission, the results of AIM/KOREA simulations under various scenarios showed that the 30-thousand-won carbon tax scenario does not successfully motivate the selection of advanced technology; however, with the 300-thousand-won carbon tax, a substantial amount of $CO_2$ emission reduction by 1.69 million TC from the BaU((Business-as-Usual)scenario is expected to be achieved by year 2020. Such substantial reduction of $CO_2$ emission under the 300-thoudsand-won carbon tax scenario is due to the introduction of advanced technology, such as use of condensing boilers, forced by heavier carbon tax. Under the scenario that presumes the maximum introduction of gas-burning industrial appliances, an 2.66 million TC of $CO_2$ reduction was expected. The results of this study suggest that the $CO_2$ emission reduction measures can be interpreted in many different views. However, if people and industries are fully aware of the economic benefit of energy saving, a certain level of $CO_2$ reduction by a successful introduction of advanced energy saving technology appears to be achieved without carbon tax or subsidies.