Modified Ramsey Rule and Optimal Carbon Tax
Modified Ramsey Rule and Optimal Carbon Tax作者机构：Institute of Social Sciences The University of Tokyo Tokyo Japan
出 版 物：《Atmospheric and Climate Sciences》 (大气和气候科学（英文）)
年 卷 期：2016年第6卷第2期
页 面：267-272页
学科分类：07[理学] 0701[理学-数学] 070101[理学-基础数学]
主 题：Modified Ramsey Rule Optimal Carbon Price Social Discount Rate Carbon Cycle
摘 要：The Ramsey rule is regarded as a convenient vehicle for estimating the social discount rate in general. Carbon pricing is treated as another theory of environmental economics. This study clarifies the theoretical relationship between the Ramsey rule and optimal carbon price, which has been overlooked in the existing research. It succeeds in deriving the optimal carbon price from the modified Ramsey rule in stationary state. Since the Ramsey rule decides the dynamics of an economy and a stationary state is its destination, by using the optimization condition of individual who are assumed to live infinitesimally short life, we can solve the optimal carbon price at stationary state.
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