Abstract

CAMARGO MAYORGA, David Andrés; RUIZ ACOSTA, Liliana Elizabeth  and  CARDONA GARCIA, Octavio. TAX ON THE CARBON DIOXIDE EMISSIONS: AN ANALYSIS OF THE EUROPEAN CASE. Semest. Econ. [online]. 2020, vol.23, n.54, pp.201-223.  Epub July 30, 2020. ISSN 0120-6346.  https://doi.org/10.22395/seec.v23n54a10.

This article performs data analysis with panel-vector autoregressive (PVAR) data for determining the effectiveness of the environmental taxes upon the emission of carbon dioxide (CO2) in the mining and transport sector in thirty-five European countries. An econometric analysis is performed with simultaneous variables as are the taxes and the CO2 generation, which are affecting one another. The most relevant result of this study displays how the CO2 emissions of the transport and mining sectors are not affected by the taxes. This is a very important discussion for Colombia given that only recently it taxes carbon emissions and it has a great use potential in the fossil energy industries, which also generates contaminating emissions.

JEL CLASSIFICATION: C32, C33, H21, H23.

CONTENT: Introduction; 1. Literature review; 2. Methodology; 3. Results and discussion; Conclusions; Bibliography.

Keywords : Taxation; contamination; mining; transport; energy.

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