Environmental tax and global income inequality: A method of moments quantile regression analysis

AbstractEven though Environmental tax policy impacts inequality theoretically, empirical studies remain scanty not only in the context of volumes and the estimation approaches but are also focused on selected advanced countries, communities, households, and emerging countries, the neglect of the glo...

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Main Authors: Osman Babamu Halidu, Amidu Mohammed, Coffie William
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2023.2181139
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author Osman Babamu Halidu
Amidu Mohammed
Coffie William
author_facet Osman Babamu Halidu
Amidu Mohammed
Coffie William
author_sort Osman Babamu Halidu
collection DOAJ
description AbstractEven though Environmental tax policy impacts inequality theoretically, empirical studies remain scanty not only in the context of volumes and the estimation approaches but are also focused on selected advanced countries, communities, households, and emerging countries, the neglect of the global or big picture effect, which is essential for measuring the overall effect of the collective and individual country-concerted efforts in addressing this global cancer. We provide empirical evidence in the global context using the novel method of moments quantile regression. We found that Income Inequality across the globe is sharply reduced by restrictive environmental tax policy, a finding that has ramifications for global sustainable development, particularly in dealing with the ravaging effects of Covid-19.
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spelling doaj.art-3060bbfb247d43f1aacbc8e457fd60ae2023-07-28T20:55:16ZengTaylor & Francis GroupCogent Business & Management2331-19752023-12-0110110.1080/23311975.2023.2181139Environmental tax and global income inequality: A method of moments quantile regression analysisOsman Babamu Halidu0Amidu Mohammed1Coffie William2Department of Accounting, University of Ghana, P. O. Box LG 25, Legon, Accra GhanaDepartment of Accounting, University of Ghana, P. O. Box LG 25, Legon, Accra GhanaDepartment of Accounting, University of Ghana, P. O. Box LG 25, Legon, Accra GhanaAbstractEven though Environmental tax policy impacts inequality theoretically, empirical studies remain scanty not only in the context of volumes and the estimation approaches but are also focused on selected advanced countries, communities, households, and emerging countries, the neglect of the global or big picture effect, which is essential for measuring the overall effect of the collective and individual country-concerted efforts in addressing this global cancer. We provide empirical evidence in the global context using the novel method of moments quantile regression. We found that Income Inequality across the globe is sharply reduced by restrictive environmental tax policy, a finding that has ramifications for global sustainable development, particularly in dealing with the ravaging effects of Covid-19.https://www.tandfonline.com/doi/10.1080/23311975.2023.2181139Environmental TaxGlobal InequalityMethod of moments quantile regressionClimate ChangeIncome level
spellingShingle Osman Babamu Halidu
Amidu Mohammed
Coffie William
Environmental tax and global income inequality: A method of moments quantile regression analysis
Cogent Business & Management
Environmental Tax
Global Inequality
Method of moments quantile regression
Climate Change
Income level
title Environmental tax and global income inequality: A method of moments quantile regression analysis
title_full Environmental tax and global income inequality: A method of moments quantile regression analysis
title_fullStr Environmental tax and global income inequality: A method of moments quantile regression analysis
title_full_unstemmed Environmental tax and global income inequality: A method of moments quantile regression analysis
title_short Environmental tax and global income inequality: A method of moments quantile regression analysis
title_sort environmental tax and global income inequality a method of moments quantile regression analysis
topic Environmental Tax
Global Inequality
Method of moments quantile regression
Climate Change
Income level
url https://www.tandfonline.com/doi/10.1080/23311975.2023.2181139
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AT amidumohammed environmentaltaxandglobalincomeinequalityamethodofmomentsquantileregressionanalysis
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