| Summary: | 碩士 === 清雲科技大學 === 財務金融所 === 100 === This study analyzes the welfare effects of energy taxation in Taiwan economy using the Dynamic Taiwan General Equilibrium Model (TAIGEM) and Social Accounting Matrix (SAM). In the simulations, implementation of energy taxes reduces CO2 emission and gross domestic product, but increases household consumption and money metric utility. Revenue of energy taxes returns to reduce the individual income tax and corporate income tax that can increase employment in the short-run. The welfare effects differ from household income levels. In the initial stage, the low-income household is favourably affected than the high-income household. The income distribution is changed through the revenue recycling effects that lead to the improvement of income distribution. In the later stage, the income distribution is distorted. According to the result, energy tax revenue recycle to reduce the individual income tax is the best package, it can achieve the environmental protection and the improvement of income distribution at the same time.
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