Ontology type: schema:ScholarlyArticle
2017-08-07
AUTHORSInge M. van den Bijgaart, Sjak Smulders
ABSTRACTThis paper analyses second-best optimal environmental policy responses to real and financial shocks in a two-period partial equilibrium model with heterogeneous firms, an environmental externality, and credit constraints. We show that, to alleviate credit constraints and encourage investment, the second-best optimal emission tax falls short of marginal emission damages. The optimal response to shocks depends on how the shock affects the size of the environmental and credit market failures and the effectiveness of the tax in alleviating these market failures. Under mildly restrictive assumptions on functional forms, the optimal response to a (persistent) negative productivity shock or a tightening of credit is to reduce the emission tax. Our results are informative for how climate change policy should optimally change with the business cycle. More... »
PAGES807-834
http://scigraph.springernature.com/pub.10.1007/s10640-017-0157-0
DOIhttp://dx.doi.org/10.1007/s10640-017-0157-0
DIMENSIONShttps://app.dimensions.ai/details/publication/pub.1091081560
JSON-LD is the canonical representation for SciGraph data.
TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT
[
{
"@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json",
"about": [
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/14",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Economics",
"type": "DefinedTerm"
},
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1401",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Economic Theory",
"type": "DefinedTerm"
},
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1402",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Applied Economics",
"type": "DefinedTerm"
},
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1403",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Econometrics",
"type": "DefinedTerm"
}
],
"author": [
{
"affiliation": {
"alternateName": "Department of Economics, University of Gothenburg, PO Box 640, 40530, Gothenburg, Sweden",
"id": "http://www.grid.ac/institutes/grid.8761.8",
"name": [
"Department of Economics, University of Gothenburg, PO Box 640, 40530, Gothenburg, Sweden"
],
"type": "Organization"
},
"familyName": "van den Bijgaart",
"givenName": "Inge M.",
"id": "sg:person.015661026350.55",
"sameAs": [
"https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.015661026350.55"
],
"type": "Person"
},
{
"affiliation": {
"alternateName": "Department of Economics, CentER, and TSC, Tilburg University, Tilburg, The Netherlands",
"id": "http://www.grid.ac/institutes/grid.12295.3d",
"name": [
"Department of Economics, CentER, and TSC, Tilburg University, Tilburg, The Netherlands"
],
"type": "Organization"
},
"familyName": "Smulders",
"givenName": "Sjak",
"id": "sg:person.011364026714.46",
"sameAs": [
"https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.011364026714.46"
],
"type": "Person"
}
],
"datePublished": "2017-08-07",
"datePublishedReg": "2017-08-07",
"description": "This paper analyses second-best optimal environmental policy responses to real and financial shocks in a two-period partial equilibrium model with heterogeneous firms, an environmental externality, and credit constraints. We show that, to alleviate credit constraints and encourage investment, the second-best optimal emission tax falls short of marginal emission damages. The optimal response to shocks depends on how the shock affects the size of the environmental and credit market failures and the effectiveness of the tax in alleviating these market failures. Under mildly restrictive assumptions on functional forms, the optimal response to a (persistent) negative productivity shock or a tightening of credit is to reduce the emission tax. Our results are informative for how climate change policy should optimally change with the business cycle.",
"genre": "article",
"id": "sg:pub.10.1007/s10640-017-0157-0",
"isAccessibleForFree": false,
"isPartOf": [
{
"id": "sg:journal.1049212",
"issn": [
"0924-6460",
"1573-1502"
],
"name": "Environmental and Resource Economics",
"publisher": "Springer Nature",
"type": "Periodical"
},
{
"issueNumber": "4",
"type": "PublicationIssue"
},
{
"type": "PublicationVolume",
"volumeNumber": "70"
}
],
"keywords": [
"credit constraints",
"emission tax",
"market failure",
"two-period partial equilibrium model",
"negative productivity shock",
"optimal emission tax",
"credit market failures",
"partial equilibrium model",
"tightening of credit",
"stringent environmental policies",
"environmental policy responses",
"climate change policy",
"optimal response",
"financial shocks",
"heterogeneous firms",
"productivity shocks",
"business cycle",
"equilibrium model",
"environmental externalities",
"policy responses",
"environmental policy",
"emission damage",
"change policy",
"tax",
"BEST analysis",
"shock",
"restrictive assumptions",
"functional form",
"policy",
"externalities",
"credit",
"firms",
"investment",
"tightening",
"constraints",
"assumption",
"model",
"calls",
"analysis",
"effectiveness",
"cycle",
"results",
"size",
"failure",
"form",
"response",
"paper",
"seconds",
"damage"
],
"name": "Does a Recession Call for Less Stringent Environmental Policy? A Partial-Equilibrium Second-Best Analysis",
"pagination": "807-834",
"productId": [
{
"name": "dimensions_id",
"type": "PropertyValue",
"value": [
"pub.1091081560"
]
},
{
"name": "doi",
"type": "PropertyValue",
"value": [
"10.1007/s10640-017-0157-0"
]
}
],
"sameAs": [
"https://doi.org/10.1007/s10640-017-0157-0",
"https://app.dimensions.ai/details/publication/pub.1091081560"
],
"sdDataset": "articles",
"sdDatePublished": "2022-08-04T17:05",
"sdLicense": "https://scigraph.springernature.com/explorer/license/",
"sdPublisher": {
"name": "Springer Nature - SN SciGraph project",
"type": "Organization"
},
"sdSource": "s3://com-springernature-scigraph/baseset/20220804/entities/gbq_results/article/article_740.jsonl",
"type": "ScholarlyArticle",
"url": "https://doi.org/10.1007/s10640-017-0157-0"
}
]
Download the RDF metadata as: json-ld nt turtle xml License info
JSON-LD is a popular format for linked data which is fully compatible with JSON.
curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/s10640-017-0157-0'
N-Triples is a line-based linked data format ideal for batch operations.
curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/s10640-017-0157-0'
Turtle is a human-readable linked data format.
curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/s10640-017-0157-0'
RDF/XML is a standard XML format for linked data.
curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/s10640-017-0157-0'
This table displays all metadata directly associated to this object as RDF triples.
124 TRIPLES
20 PREDICATES
75 URIs
65 LITERALS
6 BLANK NODES
Subject | Predicate | Object | |
---|---|---|---|
1 | sg:pub.10.1007/s10640-017-0157-0 | schema:about | anzsrc-for:14 |
2 | ″ | ″ | anzsrc-for:1401 |
3 | ″ | ″ | anzsrc-for:1402 |
4 | ″ | ″ | anzsrc-for:1403 |
5 | ″ | schema:author | Nea114b18757345f48174eee4a38eed98 |
6 | ″ | schema:datePublished | 2017-08-07 |
7 | ″ | schema:datePublishedReg | 2017-08-07 |
8 | ″ | schema:description | This paper analyses second-best optimal environmental policy responses to real and financial shocks in a two-period partial equilibrium model with heterogeneous firms, an environmental externality, and credit constraints. We show that, to alleviate credit constraints and encourage investment, the second-best optimal emission tax falls short of marginal emission damages. The optimal response to shocks depends on how the shock affects the size of the environmental and credit market failures and the effectiveness of the tax in alleviating these market failures. Under mildly restrictive assumptions on functional forms, the optimal response to a (persistent) negative productivity shock or a tightening of credit is to reduce the emission tax. Our results are informative for how climate change policy should optimally change with the business cycle. |
9 | ″ | schema:genre | article |
10 | ″ | schema:isAccessibleForFree | false |
11 | ″ | schema:isPartOf | Nd635eea210964425a0b81eaa720f1ae2 |
12 | ″ | ″ | Nd6cddc546e5e425682dab59350c5e057 |
13 | ″ | ″ | sg:journal.1049212 |
14 | ″ | schema:keywords | BEST analysis |
15 | ″ | ″ | analysis |
16 | ″ | ″ | assumption |
17 | ″ | ″ | business cycle |
18 | ″ | ″ | calls |
19 | ″ | ″ | change policy |
20 | ″ | ″ | climate change policy |
21 | ″ | ″ | constraints |
22 | ″ | ″ | credit |
23 | ″ | ″ | credit constraints |
24 | ″ | ″ | credit market failures |
25 | ″ | ″ | cycle |
26 | ″ | ″ | damage |
27 | ″ | ″ | effectiveness |
28 | ″ | ″ | emission damage |
29 | ″ | ″ | emission tax |
30 | ″ | ″ | environmental externalities |
31 | ″ | ″ | environmental policy |
32 | ″ | ″ | environmental policy responses |
33 | ″ | ″ | equilibrium model |
34 | ″ | ″ | externalities |
35 | ″ | ″ | failure |
36 | ″ | ″ | financial shocks |
37 | ″ | ″ | firms |
38 | ″ | ″ | form |
39 | ″ | ″ | functional form |
40 | ″ | ″ | heterogeneous firms |
41 | ″ | ″ | investment |
42 | ″ | ″ | market failure |
43 | ″ | ″ | model |
44 | ″ | ″ | negative productivity shock |
45 | ″ | ″ | optimal emission tax |
46 | ″ | ″ | optimal response |
47 | ″ | ″ | paper |
48 | ″ | ″ | partial equilibrium model |
49 | ″ | ″ | policy |
50 | ″ | ″ | policy responses |
51 | ″ | ″ | productivity shocks |
52 | ″ | ″ | response |
53 | ″ | ″ | restrictive assumptions |
54 | ″ | ″ | results |
55 | ″ | ″ | seconds |
56 | ″ | ″ | shock |
57 | ″ | ″ | size |
58 | ″ | ″ | stringent environmental policies |
59 | ″ | ″ | tax |
60 | ″ | ″ | tightening |
61 | ″ | ″ | tightening of credit |
62 | ″ | ″ | two-period partial equilibrium model |
63 | ″ | schema:name | Does a Recession Call for Less Stringent Environmental Policy? A Partial-Equilibrium Second-Best Analysis |
64 | ″ | schema:pagination | 807-834 |
65 | ″ | schema:productId | Nc1b3de034b5c4808aa39d6cdfeac3fde |
66 | ″ | ″ | Nde826ecfaf8f4dc494d2f5c807668036 |
67 | ″ | schema:sameAs | https://app.dimensions.ai/details/publication/pub.1091081560 |
68 | ″ | ″ | https://doi.org/10.1007/s10640-017-0157-0 |
69 | ″ | schema:sdDatePublished | 2022-08-04T17:05 |
70 | ″ | schema:sdLicense | https://scigraph.springernature.com/explorer/license/ |
71 | ″ | schema:sdPublisher | N050bf1acb86647b1b5c861e497d0cc38 |
72 | ″ | schema:url | https://doi.org/10.1007/s10640-017-0157-0 |
73 | ″ | sgo:license | sg:explorer/license/ |
74 | ″ | sgo:sdDataset | articles |
75 | ″ | rdf:type | schema:ScholarlyArticle |
76 | N050bf1acb86647b1b5c861e497d0cc38 | schema:name | Springer Nature - SN SciGraph project |
77 | ″ | rdf:type | schema:Organization |
78 | Nc1b3de034b5c4808aa39d6cdfeac3fde | schema:name | dimensions_id |
79 | ″ | schema:value | pub.1091081560 |
80 | ″ | rdf:type | schema:PropertyValue |
81 | Nd635eea210964425a0b81eaa720f1ae2 | schema:issueNumber | 4 |
82 | ″ | rdf:type | schema:PublicationIssue |
83 | Nd6cddc546e5e425682dab59350c5e057 | schema:volumeNumber | 70 |
84 | ″ | rdf:type | schema:PublicationVolume |
85 | Nde826ecfaf8f4dc494d2f5c807668036 | schema:name | doi |
86 | ″ | schema:value | 10.1007/s10640-017-0157-0 |
87 | ″ | rdf:type | schema:PropertyValue |
88 | Ne347eca24b064e8488b38658f28d4409 | rdf:first | sg:person.011364026714.46 |
89 | ″ | rdf:rest | rdf:nil |
90 | Nea114b18757345f48174eee4a38eed98 | rdf:first | sg:person.015661026350.55 |
91 | ″ | rdf:rest | Ne347eca24b064e8488b38658f28d4409 |
92 | anzsrc-for:14 | schema:inDefinedTermSet | anzsrc-for: |
93 | ″ | schema:name | Economics |
94 | ″ | rdf:type | schema:DefinedTerm |
95 | anzsrc-for:1401 | schema:inDefinedTermSet | anzsrc-for: |
96 | ″ | schema:name | Economic Theory |
97 | ″ | rdf:type | schema:DefinedTerm |
98 | anzsrc-for:1402 | schema:inDefinedTermSet | anzsrc-for: |
99 | ″ | schema:name | Applied Economics |
100 | ″ | rdf:type | schema:DefinedTerm |
101 | anzsrc-for:1403 | schema:inDefinedTermSet | anzsrc-for: |
102 | ″ | schema:name | Econometrics |
103 | ″ | rdf:type | schema:DefinedTerm |
104 | sg:journal.1049212 | schema:issn | 0924-6460 |
105 | ″ | ″ | 1573-1502 |
106 | ″ | schema:name | Environmental and Resource Economics |
107 | ″ | schema:publisher | Springer Nature |
108 | ″ | rdf:type | schema:Periodical |
109 | sg:person.011364026714.46 | schema:affiliation | grid-institutes:grid.12295.3d |
110 | ″ | schema:familyName | Smulders |
111 | ″ | schema:givenName | Sjak |
112 | ″ | schema:sameAs | https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.011364026714.46 |
113 | ″ | rdf:type | schema:Person |
114 | sg:person.015661026350.55 | schema:affiliation | grid-institutes:grid.8761.8 |
115 | ″ | schema:familyName | van den Bijgaart |
116 | ″ | schema:givenName | Inge M. |
117 | ″ | schema:sameAs | https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.015661026350.55 |
118 | ″ | rdf:type | schema:Person |
119 | grid-institutes:grid.12295.3d | schema:alternateName | Department of Economics, CentER, and TSC, Tilburg University, Tilburg, The Netherlands |
120 | ″ | schema:name | Department of Economics, CentER, and TSC, Tilburg University, Tilburg, The Netherlands |
121 | ″ | rdf:type | schema:Organization |
122 | grid-institutes:grid.8761.8 | schema:alternateName | Department of Economics, University of Gothenburg, PO Box 640, 40530, Gothenburg, Sweden |
123 | ″ | schema:name | Department of Economics, University of Gothenburg, PO Box 640, 40530, Gothenburg, Sweden |
124 | ″ | rdf:type | schema:Organization |