G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8551
DP8551 Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies
Ramón López; Amparo Palacios
发表日期2011-08-01
出版年2011
语种英语
摘要This paper systematically examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data for 12 European countries over the 1995-2008 period. It uses a methodology that obtains estimates mostly free of time-varying omitted variable biases. Controlling for the scale effect, our estimations show that fiscal policies and energy taxes are effective in reducing the concentration of certain pollutants through different mechanisms. We also find that trade has a direct effect on production pollutants, which is most likely due to an output composition effect, but not on consumption pollutants. Increasing the share of fiscal spending and shifting the emphasis of fiscal spending towards public goods and against non-social subsidies has a surprising and unintended beneficial effect on the concentrations of ozone, perhaps the most difficult to control pollutant. Finally, energy taxes appear to have an important effect in reducing nitrogen dioxide pollution but it has no effect on ozone and sulfur dioxide.
主题International Macroeconomics
关键词Government spending Public goods Pollutions Taxes
URLhttps://cepr.org/publications/dp8551
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537384
推荐引用方式
GB/T 7714
Ramón López,Amparo Palacios. DP8551 Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies. 2011.
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