Analyzing Macroeconomic Effects of Environmental Taxation in the Czech Republic with the Econometric E3ME Model

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/61384399:31150/09:00036343

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analyzing Macroeconomic Effects of Environmental Taxation in the Czech Republic with the Econometric E3ME Model

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Analyzing Macroeconomic Effects of Environmental Taxation in the Czech Republic with the Econometric E3ME Model

Popis výsledku anglicky

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.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/SPII4I1%2F52%2F07" target="_blank" >SPII4I1/52/07: Modelování dopadů environmentální daňové reformy: II. etapa EDR</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2009

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Finance a úvěr - Czech Journal of Economics and Finance

ISSN

0015-1920

e-ISSN

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Svazek periodika

59

Číslo periodika v rámci svazku

5

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

32

Strana od-do

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Kód UT WoS článku

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EID výsledku v databázi Scopus

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