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Environmentální politika v modelu překrývajících se generací: role lidského kapitálu a přenosu technologií
Authors:
Jan Bruha
JEL classification:
D31, H23, O33, Q43
Keywords:
technology diffusion, environmental policy, human capital
Abstract
This paper describes the author’s use of an overlapping generation model toward an evaluation
of the environmental tax reform. The aim was to model the explicit role of human capital
accumulation during the life cycle and during technology diffusion in response to a revenue-neutral
environmental tax reform. An OLG model allows for heterogeneity across households due
to accumulated real assets and human capital. Technology diffusion is modeled in the putty-clay
framework. It is shown that the long-term effects of such policy may overcome the short-term
costs. Unlike other models, which use the representative-agent framework, the presented model
is able to evaluate the impact on a more diverse group of households. The authors contend that
in the long term green tax reform would boost the welfare of skilled workers, though the impact
on unskilled workers could be adverse.