Brännlund, Runar
- Department of Forest Economics, Swedish University of Agricultural Sciences
Abstract
The main objective of this paper is to analyse consumer response and welfare effects due to changes in energy or environmental policy. To achieve this objective we formulate and estimate an econometric model for non-durable consumer demand in Sweden that utilises micro- and macro-data. In the simulations, we consider two revenue neutral scenarios that both imply a doubling of the CO2 tax; one that returns the revenues in the form of a lower VAT and one that subsidise public transport. One conclusion from the simulations is that the CO2 tax has regional distribution effects, in the sense that household living in sparsely populated areas carry a larger share of the tax burden. (C) 2002 Elsevier B.V. All rights reserved
Published in
European Economic Review
2004, volume: 48, number: 1, pages: 211-233
Publisher: ELSEVIER SCIENCE BV
SLU Authors
UKÄ Subject classification
Economics and Business
Social Sciences
Publication identifier
- DOI: https://doi.org/10.1016/S0014-2921(02)00263-5
Permanent link to this page (URI)
https://res.slu.se/id/publ/4964