Redistributing environmental tax revenue to reduce poverty in South Africa: The cases of energy and water
South African Journal of Economic and Management Sciences
Field | Value | |
Title | Redistributing environmental tax revenue to reduce poverty in South Africa: The cases of energy and water | |
Creator | Van Heerden, JH Blignaut, JN Mabugu, M Gerlagh, R Hess, S Tol, RSJ Horridge, M Mabugu, R De Wit, M Letsoalo, T | |
Description | South Africa, as an upper middle-income, resource-intensive developing country with an open economy, has to find innovative ways to combat poverty, promote economic growth and reduce the intensity of resource use, simultaneously. One option is to explore the plausibility of achieving a double dividend by levying a tax on water and energy and recycling the revenue back to the economy by allowing for a reduction in other forms of taxation. According to the double dividend theory it is possible, under some conditions, to achieve both environmental and economic objectives. We investigated such a possibility in the South African economy using an integrated economy/environment CGE model and found that it is indeed possible to achieve such double dividend benefits. Given the prevailing economic and environmental contexts, government should actively search for ways to achieve such dividends. | |
Publisher | AOSIS Publishing | |
Date | 2014-05-22 | |
Identifier | 10.4102/sajems.v9i4.1051 | |
Source | South African Journal of Economic and Management Sciences; Vol 9, No 4 (2006); 537-553 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1051/349
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