TY - JOUR A1 - Traxler, Christian T1 - Voting over Taxes : The Case of Tax Evasion JF - Public Choice N2 - This paper studies majority voting on taxes when tax evasion is possible. We characterize the voting equilibrium where the agent with median taxed income is pivotal. Since the ranking of true incomes does not necessarily correspond to the ranking of taxed incomes, the decisive voter can differ from the median income receiver. In this case, we find unconventional patterns of redistribution, e.g., from the middle class to the poor and the rich. KW - Majority Voting KW - Tax Evasion KW - Welfare Analysis KW - Redistribution Y1 - 2009 UR - https://nbn-resolving.org/urn:nbn:de:kobv:b1570-opus4-21624 U6 - https://doi.org/10.1007/s11127-009-9411-5 SN - 0048-5829 VL - 140 IS - 1-2 SP - 43 EP - 58 ER - TY - JOUR A1 - Hirth, Lion A1 - Ueckerdt, Falko T1 - Redistribution Effects of Energy and Climate Policy: The Electricity Market JF - Energy Policy N2 - Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, the introduction of these policies redistributes wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics, it plays a central role in public debates and policy decisions. This paper compares the distributional effects of two major electricity policies: support schemes for renewable energy sources, and CO2 pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions. While renewables support transfers wealth from producers to consumers, carbon pricing does the opposite. More specifically, we show that moderate amounts of wind subsidies can increase consumer surplus, even if consumers bear the subsidy costs. CO2 pricing, in contrast, increases aggregated producer surplus, even without free allocation of emission allowances; however, not all types of producers benefit. These findings are derived from an analytical model of electricity markets, and a calibrated numerical model of Northwestern Europe. Our findings imply that if policy makers want to avoid large redistribution they might prefer a mix of policies, even if CO2 pricing alone is the first-best climate policy in terms of allocative efficiency. KW - Carbon tax KW - Emission trading KW - Redistribution KW - Consumer surplus KW - Producer surplus KW - Wind power generation KW - Electricity market modeling Y1 - 2013 UR - https://nbn-resolving.org/urn:nbn:de:kobv:b1570-opus4-22886 U6 - https://doi.org/10.1016/j.enpol.2013.07.055 SN - 0301-4215 N1 - This is a post-peer-review, pre-copyedit version of an article published in Energy Policy. The final authenticated version is available online at: DOI 10.1016/j.enpol.2013.07.055 VL - 62 SP - 934 EP - 947 PB - Elsevier Ltd ER -