Abstract: We study the impact over time of revenue-neutral-designed carbon taxes on GDP in the Canadian province of British Columbia (B.C.). The tax is broad-based, and all rate hikes and their timings were pre-announced. Our time series approach accounts for these pre-announcement effects, as well as for the possible saliency of the tax. Estimated impulse response functions and statistical comparisons of GDP dynamics in the presence and (counterfactual) absence of carbon taxes lead to the same result. Overall, revenue-neutral carbon taxation has no significant negative impacts on GDP. Our setup also allows us to examine the extent of the carbon tax pass-through into energy prices. We find that pass-through is complete. We conclude that implementing revenue-neutral carbon taxation contributes to lowering harmful greenhouse gases into the atmosphere without hurting the economy.

中文翻译：

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零收入碳税对GDP动态的影响：以不列颠哥伦比亚省为例

摘要：我们研究了加拿大不列颠哥伦比亚省（BC）随时间变化的收入中性设计的碳税对GDP的影响。该税种基础广泛，所有加息及其时机均已预先宣布。我们的时间序列方法考虑了这些公告前的影响，以及可能征收的税款。估计的冲激响应函数和在存在和（反事实）没有碳税的情况下GDP动态的统计比较得出相同的结果。总体而言，与收入无关的碳税不会对GDP产生重大负面影响。我们的设置还使我们能够检查碳税转嫁到能源价格中的程度。我们发现直通已完成。