Evaluating the economic impact of carbon tax: A case study of British Columbia

dc.contributor.advisorYevdokimov, Yuri
dc.contributor.authorDavidson-Chime, Anastasia
dc.date.accessioned2023-11-14T17:57:30Z
dc.date.available2023-11-14T17:57:30Z
dc.date.issued2023-04
dc.description.abstractThe province of British Columbia enacted North America's first comprehensive carbon tax in 2008. The tax which covers about 75% of all greenhouse gas emissions in the province has generally been characterized as a successful exercise due to its resulting environmental benefits. To shed a new light on the economic impact of BC’s carbon tax this paper attempts to answer the following research questions; (1) What is the impact of BC’s carbon tax on the provincial GDP? and (2) Can the variation in GDP be explained by technological innovation? Results from impulse response analysis as well as variance decomposition analysis confirm no significant impact of the tax on provincial GDP from July 2008 – December 2019. Rather the evidence presented in this paper suggests that putting a price on emissions could potentially lead to a redirection of the economy towards more emissions-friendly investments.
dc.description.copyright© Anastasia Davidson-Chime, 2023
dc.format.extentvi, 51
dc.format.mediumelectronic
dc.identifier.oclc(OCoLC)1426856050en
dc.identifier.otherThesis 11223en
dc.identifier.urihttps://unbscholar.lib.unb.ca/handle/1882/37548
dc.language.isoen
dc.publisherUniversity of New Brunswick
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.subject.disciplineEconomics
dc.subject.lcshCarbon taxes--Economic aspects--British Columbia.en
dc.subject.lcshCarbon taxes--Environmental aspects--British Columbia.en
dc.subject.lcshBritish Columbia.en
dc.titleEvaluating the economic impact of carbon tax: A case study of British Columbia
dc.typemaster report
oaire.license.conditionother
thesis.degree.disciplineEconomics
thesis.degree.grantorUniversity of New Brunswick
thesis.degree.levelmasters
thesis.degree.nameM.A.

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