Analyzing Macroeconomic Effects of Environmental Taxation in the Czech Republic with the Econometric E3ME Model
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F09%3A00013313" target="_blank" >RIV/00216208:11690/09:00013313 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31150/09:00036343
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Analyzing Macroeconomic Effects of Environmental Taxation in the Czech Republic with the Econometric E3ME Model
Original language description
Market-based instruments have gradually become a significant tool of environmental policy in central European countries. By using the structural macroeconometric E3ME model we compare two alternative green tax based policy frameworks in the Czech Republic. While the first imposes a tax on emissions of classical pollutants, the second consists of carbon taxation intentionally set at the level equalizing environmental effect measured by externalities that are avoided as result of both reductions in emissions subject to taxation and ancillary effects. We also analyze impacts of revenue recycling. The comparison of economic impacts of both considered policy set ups indicates that policy aimed at the taxation of classical pollutants outperforms carbon policies in cases without revenue recycling. On the other hand, mainly due to significantly higher revenues from carbon taxation, when the revenues are recycled, a carbon taxation framework appears to be a better option.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/SPII4I1%2F52%2F07" target="_blank" >SPII4I1/52/07: Modelling of Environmental Tax Reform Impacts: Second Phase of the ETR</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Finance a úvěr - Czech Journal of Economics and Finance
ISSN
0015-1920
e-ISSN
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Volume of the periodical
59
Issue of the periodical within the volume
5
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
32
Pages from-to
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UT code for WoS article
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EID of the result in the Scopus database
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