Optimal Environmental Policy, Uncertainty and Institutional Quality: The Case of Iran

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Samadi Ali Hussain; ZIBAEI MANSOUR; GHADERI JAFAR; Bahlouli Parisa

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Journal Paper

Paper Information

Journal: JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH) Year:2019 | Volume:19 | Issue:1 Page(s): 53-82

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Information Journal Paper

Title

Optimal Environmental Policy, Uncertainty and Institutional Quality: The Case of Iran

Author(s)

Samadi Ali Hussain | ZIBAEI MANSOUR | GHADERI JAFAR | Bahlouli Parisa | Issue Writer Certificate

Keywords

Dynamic stochastic general equilibrium modelQ1

pollution taxQ2

Pollution permitQ1

Social welfareQ2

Institutional qualityQ1

IranQ2

Abstract

Intervening government and performing environmental policies are among solutions for reducing production externalities and achieving sustainable development. Indeed, Institutional quality is an effective factor in selecting optimal environment policies. This paper tries to identify optimal environmental policy among common public tools for intervening (pollution taxes and permits) in the presence of environmental and economic uncertainties with various Institutional quality degrees. In this paper, Institutional quality is included in a Dynamic stochastic general equilibrium model and its effect on choosing environmental policy is considered. The results showed that Pollution permit is preferred to taxation on pollution with various Institutional quality degrees. In addition, with improvement in Institutional quality, if only shock is an environmental shocks, then taxation on pollution will be an optimal policy.

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APA: Copy

Samadi, Ali Hussain, ZIBAEI, MANSOUR, GHADERI, JAFAR, & Bahlouli, Parisa. (2019). Optimal Environmental Policy, Uncertainty and Institutional Quality: The Case of Iran. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 19(1 ), 53-82. SID. https://sid.ir/paper/367669/en

Vancouver: Copy

Samadi Ali Hussain, ZIBAEI MANSOUR, GHADERI JAFAR, Bahlouli Parisa. Optimal Environmental Policy, Uncertainty and Institutional Quality: The Case of Iran. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2019;19(1 ):53-82. Available from: https://sid.ir/paper/367669/en

IEEE: Copy

Ali Hussain Samadi, MANSOUR ZIBAEI, JAFAR GHADERI, and Parisa Bahlouli, “Optimal Environmental Policy, Uncertainty and Institutional Quality: The Case of Iran,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 19, no. 1 , pp. 53–82, 2019, [Online]. Available: https://sid.ir/paper/367669/en

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