Please use this identifier to cite or link to this item:
https://hdl.handle.net/20.500.14279/3317
Title: | Welfare Implications of Car Feebates: A Simulation Analysis |
Authors: | Adamou, Adamos Clerides, Sofronis Zachariadis, Theodoros |
Major Field of Science: | Engineering and Technology |
Field Category: | Environmental Engineering |
Keywords: | Welfare implications;Car feebates;Simulation analysis |
Issue Date: | Aug-2014 |
Source: | The Economic Journal, 2014, vol. 124, no. 578, pp. F420-F443 |
Volume: | 124 |
Issue: | 578 |
Start page: | F420 |
End page: | F443 |
Journal: | The Economic Journal |
Abstract: | Vehicle taxation based on inline image emissions is increasingly being adopted worldwide to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to low-carbon cars. We estimate demand for passenger cars in Germany and simulate the impact of alternative feebate schemes on emissions, consumer welfare, public revenues and firm profits. We find that revenue-neutral feebate schemes are welfare decreasing; welfare can only increase with schemes that increase tax revenues at the expense of consumer and producer surplus. |
URI: | https://hdl.handle.net/20.500.14279/3317 |
ISSN: | 14680297 |
DOI: | 10.1111/ecoj.12094 |
Rights: | © Royal Economic Society |
Type: | Article |
Affiliation : | Cyprus University of Technology University of Cyprus |
Publication Type: | Peer Reviewed |
Appears in Collections: | Άρθρα/Articles |
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