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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2023-12-01
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Series: | Cogent Business & Management |
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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. |
first_indexed | 2024-03-12T21:20:37Z |
format | Article |
id | doaj.art-3060bbfb247d43f1aacbc8e457fd60ae |
institution | Directory Open Access Journal |
issn | 2331-1975 |
language | English |
last_indexed | 2024-03-12T21:20:37Z |
publishDate | 2023-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Business & Management |
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 |
work_keys_str_mv | AT osmanbabamuhalidu environmentaltaxandglobalincomeinequalityamethodofmomentsquantileregressionanalysis AT amidumohammed environmentaltaxandglobalincomeinequalityamethodofmomentsquantileregressionanalysis AT coffiewilliam environmentaltaxandglobalincomeinequalityamethodofmomentsquantileregressionanalysis |