Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work
Climate change will pose a major challenge for humanity in future decades. Central to the policy debate are its implications for the public finances and the conduct of fiscal policy more generally. This editorial outlines the budgetary effects, the regulatory and standard-setting challenges, interna...
Main Authors: | , |
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Format: | Article |
Language: | English |
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De Gruyter
2022-04-01
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Series: | Economics: Journal Articles |
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Online Access: | https://doi.org/10.1515/econ-2022-0026 |
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author | de Mello Luiz Martinez-Vazquez Jorge |
author_facet | de Mello Luiz Martinez-Vazquez Jorge |
author_sort | de Mello Luiz |
collection | DOAJ |
description | Climate change will pose a major challenge for humanity in future decades. Central to the policy debate are its implications for the public finances and the conduct of fiscal policy more generally. This editorial outlines the budgetary effects, the regulatory and standard-setting challenges, internal governmental organisational changes, and the resource reallocation implications of policies to control climate change and their efficient implementation. The scope for further work – both theoretical and empirical – to bridge existing gaps in the related economics literature is then discussed. Finally, the editorial outlines research questions and first steps on an agenda for policy-relevant research. |
first_indexed | 2024-04-10T21:33:01Z |
format | Article |
id | doaj.art-aff4cba2f641437d8e6514cc9860c7a4 |
institution | Directory Open Access Journal |
issn | 1864-6042 |
language | English |
last_indexed | 2024-04-10T21:33:01Z |
publishDate | 2022-04-01 |
publisher | De Gruyter |
record_format | Article |
series | Economics: Journal Articles |
spelling | doaj.art-aff4cba2f641437d8e6514cc9860c7a42023-01-19T13:20:27ZengDe GruyterEconomics: Journal Articles1864-60422022-04-0116119419810.1515/econ-2022-0026Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Workde Mello Luiz0Martinez-Vazquez Jorge1Economics Department, OECD. 2, Rue André Pascal, Paris 75775 Cedex 16, Paris, FranceInternational Center for Public Policy, Georgia State University, Atlanta, USAClimate change will pose a major challenge for humanity in future decades. Central to the policy debate are its implications for the public finances and the conduct of fiscal policy more generally. This editorial outlines the budgetary effects, the regulatory and standard-setting challenges, internal governmental organisational changes, and the resource reallocation implications of policies to control climate change and their efficient implementation. The scope for further work – both theoretical and empirical – to bridge existing gaps in the related economics literature is then discussed. Finally, the editorial outlines research questions and first steps on an agenda for policy-relevant research.https://doi.org/10.1515/econ-2022-0026climate changefiscal policyregulationresourcesinter-governmental coordinationmethodologyresearch agenda |
spellingShingle | de Mello Luiz Martinez-Vazquez Jorge Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work Economics: Journal Articles climate change fiscal policy regulation resources inter-governmental coordination methodology research agenda |
title | Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work |
title_full | Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work |
title_fullStr | Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work |
title_full_unstemmed | Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work |
title_short | Climate Change Implications for the Public Finances and Fiscal Policy: An Agenda for Future Research and Filling the Gaps in Scholarly Work |
title_sort | climate change implications for the public finances and fiscal policy an agenda for future research and filling the gaps in scholarly work |
topic | climate change fiscal policy regulation resources inter-governmental coordination methodology research agenda |
url | https://doi.org/10.1515/econ-2022-0026 |
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