Completed research project: Environmental tax reform and endogenous growth

The picture shows a smoking factory chimney.

An environmental tax reform in Switzerland can mobilise resources towards innovation resulting in higher economic growth – this is the result of the completed NRP 71 project.

An environmental tax reform in Switzerland can mobilise resources towards innovation resulting in higher economic growth. This positive growth effect can counteract the negative effect of higher carbon taxes on production, leaving overall economic development unaffected. These were the results of the NRP 71 project “Environmental tax reform and endogenous growth” headed by Lucas Bretschger.