The effect of carbon taxes on emissions and carbon leakage: evidence from the European Union
The effect of carbon taxes on emissions and carbon leakage: evidence from the European Union
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碳税对排放和碳泄漏的影响:来自欧盟的证据
DOI:
10.4337/9781788111171.00013
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发表时间:
2017
影响因子:
3.8
通讯作者:
Maria Alsina
中科院分区:
文献类型:
--
作者:
Maria Alsina
Most theoretical models highlight the effectiveness of taxes to mitigate carbon dioxide emissions, yet little empirical evidence exists to support it. This chapter examines the real effects of carbon taxes on emissions and on carbon leakage in the European Union. The goal is to evaluate the implications of existing carbon taxes in order to shed some light on policy design. I exploit the incorporation of unilateral carbon taxes in some Member States and implement a difference-in-difference approach under various specifications, using panel data from 1980 until 2008. Results suggest that there is no compelling evidence of taxes reducing the level or growth of carbon emissions, or that they cause carbon leakage. The sub-optimal design of the policies, which include several exemptions for industrial sectors, may explain the null effects of the tax.