全球智库信息集成服务系统(G2TT): Distributional and Welfare Impacts of Renewable Subsidies in Italy

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Distributional and Welfare Impacts of Renewable Subsidies in Italy
	Roberta Distante; Elena Verdolini; Massimo Tavoni
发表日期	2016
出处	Mitigation, Innovation and Transformation Pathways
出版年	2016
语种	英语
摘要	We empirically assess the distributional impacts and welfare effects of policies to incentivize renewable electricity production for the case of Italy. We use data from the Household Budget Survey between 2000 and 2010 to estimate a demand system in which energy goods' shares of expenditure are modelled using different empirical approaches. We show that the general Exact Affine Stone Index (EASI) demand system provides more robust estimates of price elasticities of each composite good than the commonly used Almost Ideal Demand System (AIDS). The estimated coefficients are used to perform a welfare analysis of the Italian renewable electricity production incentive policy. We show that different empirical approaches give rise to significantly different estimates of price elasticities and that methodological choices are the reasons for the very high elasticities of substitutions estimated using similar data by previous contributions. We find no evidence of regressivity of the incidence of the Italian renewable incentive scheme in the period under consideration. The renewable subsidies act as a middle-class tax, with the higher welfare losses experienced by households in the second to fourth quintiles of the expenditure distribution. *** Suggested citation: Distante, R., E. Verdolini, M. Tavoni, (2016), 'Distributional and Welfare Impacts of Renewable Subsidies in Italy', Nota di Lavoro 36.2016, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类	D12;H22;Q48
关键词	Energy taxes Consumer Demand System Welfare Effects Equity
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/distributional-and-welfare-impacts-of-renewable-subsidies-in-italy/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118490
推荐引用方式 GB/T 7714	Roberta Distante,Elena Verdolini,Massimo Tavoni. Distributional and Welfare Impacts of Renewable Subsidies in Italy. 2016.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
2016521211401Nota_di（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2016521211574NDL2016（1613KB）	智库出版物		限制开放	CC BY-NC-SA	浏览