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How fiscal policies affect energy systems: the importance of an ‘environmental social wage’
Regional Studies ( IF 4.595 ) Pub Date : 2021-03-22 , DOI: 10.1080/00343404.2021.1893895
Peter G. McGregor 1 , Andrew G. Ross 1 , J. Kim Swales 1
Affiliation  

ABSTRACT

We employ a regional computable general equilibrium model to measure the impact on CO2 emissions of a balanced-budget increase in public environmental expenditure. We identify conditions under which an economic stimulus accompanied by a reduction in emissions could occur. Our results suggest that this is conceivable if the population values the environmental amenity funded by the increase in public expenditure, and if this is reflected in wage-bargaining behaviour. Given increasing concerns over climate change, public spending on environmental improvement could attract support together with the establishment of an ‘environmental social wage’, where workers accept lower pay in return for that improvement.



中文翻译:

财政政策如何影响能源系统:“环境社会工资”的重要性

摘要

我们采用区域可计算一般均衡模型来衡量公共环境支出的平衡预算增加对 CO 2排放的影响。我们确定了在哪些条件下可能会出现经济刺激并伴随着排放量的减少。我们的研究结果表明,如果人们重视公共支出增加所资助的环境便利设施,并且这反映在讨价还价行为中,那么这是可以想象的。鉴于对气候变化的担忧日益增加,环境改善方面的公共支出可以吸引支持,同时建立“环境社会工资”,工人接受较低的工资以换取这种改善。

更新日期:2021-03-22
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