【11月28日】【能源经济学研讨会第18期】-经管之家官网！

【内容简介】We demonstrate how the presence of an untaxed informalsector can sharply lower the cost of environmental and energy tax policy. Themechanism arises from substitution between formal and informal labor supply; weshow how energy taxes can draw activity into the formal sector. We present theresult in a general analytical framework and then investigate its magnitude insimulation. Our central estimate for the U.S., where the informal sector isrelatively small, finds the cost of energy taxes is substantially reduced forabatement up to 20% and negative for abatement up to 6%. Developing countriesprovide an important extension: they have much larger informal sectors but atthe same time include the potential for substitution into informal fuels. Wemodel these countervailing features and show that the welfare enhancing effecttypically dominates. The overall cost improvements from energy taxes are evenlarger than in the U.S.

能源经济研讨会（EnergyEconomics Seminar）由中国人民大学经济学院能源经济系定期推出，旨在为研究中国能源经济问题的学者提供一个交流的平台，以促进我国能源经济的教学研究水平的提高。

更多学术演讲信息，请关注中国人民大学经济学院网站se.ruc.edu.cn

主办：中国人民大学经济学院能源经济系

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