Environmental Taxation and Its Role in Promoting Sustainable Economic Growth
- DOI
- 10.2991/978-94-6463-598-0_47How to use a DOI?
- Keywords
- Environmental taxation; sustainability; economic growth
- Abstract
Imposing taxes on environmentally harmful activities can be a powerful and effective move for governments to incentivize businesses and individuals to adopt more sustainable practices and support a green economy. Nowadays, it also becomes increasingly important to balance economic prosperity and environmental sustainability. In this context, this essay aims to investigate the relationship between environmental taxation and sustainable economic growth by conducting a regression analysis across 20 countries, with a comprehensive quantitative analysis that offers valuable insights for academics, policymakers, and business owners. By examining the impact of various environmental taxes on the annual GDP growth rate, this paper also quantifies how different taxes contribute to long-term economic sustainability. This research contributes to the academic landscape by providing statistical evidence on the effectiveness of environmental taxation in achieving sustainability goals. It is believed to offer a better understanding of the potential benefits of leveraging environmental taxation as a tool for achieving sustainable economic growth.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Tianyang Xuan PY - 2024 DA - 2024/12/19 TI - Environmental Taxation and Its Role in Promoting Sustainable Economic Growth BT - Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024) PB - Atlantis Press SP - 462 EP - 468 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-598-0_47 DO - 10.2991/978-94-6463-598-0_47 ID - Xuan2024 ER -