The economic effects of carbon tax policy in British Columbia
| dc.contributor.advisor | Yevdokimov, Yuri | |
| dc.contributor.author | Xu, Zhaoran | |
| dc.date.accessioned | 2024-09-05T14:50:07Z | |
| dc.date.available | 2024-09-05T14:50:07Z | |
| dc.date.issued | 2024-07 | |
| dc.description.abstract | This study examines the impact and underlying mechanisms of carbon tax policy on employment in British Columbia using data for 10 Canadian provinces spanning from 1997 to 2021 and a Difference-in-Difference (DiD) model. Our findings reveal that under reasonable carbon tax rates, the imposition of such taxes stimulates increased investment in clean technology research and development by enterprises, leading to a significant reduction in carbon emissions. However, the influence on economic development appears to be statistically insignificant. Moreover, the rate of adjustment in carbon tax rates plays a pivotal role in achieving sustainable economic growth. As a result, to attain a steady-state economy under carbon emission constraints, policymakers should consider a balanced approach to carbon tax rate adjustments. | |
| dc.description.copyright | © Zhaoran Xu, 2024 | |
| dc.format.extent | v, 34 | |
| dc.format.medium | electronic | |
| dc.identifier.uri | https://unbscholar.lib.unb.ca/handle/1882/38107 | |
| dc.language.iso | en | |
| dc.publisher | University of New Brunswick | |
| dc.rights | http://purl.org/coar/access_right/c_abf2 | |
| dc.subject.discipline | Economics | |
| dc.title | The economic effects of carbon tax policy in British Columbia | |
| dc.type | master report | |
| oaire.license.condition | other | |
| thesis.degree.discipline | Economics | |
| thesis.degree.grantor | University of New Brunswick | |
| thesis.degree.level | masters | |
| thesis.degree.name | M.A. |