英文摘要 |
This paper integrates the R&D-based model with environmentalprotection, and sets the intermediate goods sectors as monopolisticallycompetitive and as polluting industries. The government sector has twopolicies. One policy is to tax polluters, the intermediate goods sectors, fortheir pollution inputs to finance pollution prevention. The other policy is toimpose a lump-sum tax on households to partially finance the subsidyexpenditure for the R&D sector. This paper discusses how the twopolicies affect the economic growth rate and welfare. By comparativestaticand numerical simulation analysis, we find that taxing polluters tofinance pollution prevention will improve environmental quality. Moreover,there exists an “optimum pollution tax rate for economic growth” and an“optimum pollution tax rate for welfare” to maximize the economic growthrate and welfare, respectively. On the other hand, raising the R&Dsubsidy rate is helpful for increasing the economic growth rate.Furthermore, there exists an optimum R&D subsidy rate to maximizewelfare. |