Working Paper: NBER ID: w11665
Authors: Gilbert E. Metcalf
Abstract: I measure the industry impacts of an environmental tax reform where a carbon tax is used to finance full or partial corporate tax integration. I find that the industry impacts of such a reform are likely to be modest (in the sense of impacts on returns on equity).
Keywords: No keywords provided
JEL Codes: H2; Q4; Q5
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| carbon tax (H23) | corporate tax integration (K34) |
| corporate tax integration (K34) | industry returns (L19) |
| carbon tax (H23) | product prices (D49) |
| carbon tax (H23) | capital owners (P12) |