Pricing for a cooler planet: An empirical analysis of the effect of taxing carbon

IF 5.5 3区经济学 Q1 BUSINESS

Journal of Environmental Economics and Management Pub Date : 2024-06-13 DOI:10.1016/j.jeem.2024.103034

Torben K. Mideksa

引用次数: 0

Abstract

Finland introduced the planet’s first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach (Abadie, 2021). The results suggest that taxing carbon reduces emissions by big margins. Finnish emissions are 16% lower in 1995, 25% lower in 2000, and 30% lower in 2004 than emissions in the counterfactual consistent with carbon taxes whose value increasing by 20 fold in 1990–2005. The estimates suggest that the carbon tax’s abatement elasticity is about 9%.

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为更凉爽的地球定价：对征收碳税效果的实证分析

芬兰于 1990 年引入了全球首个碳税，以尝试--在大多数经济学家看来--扭转碳排放的最佳政策。我使用合成控制法（Abadie，2021 年）估算了征收碳税对芬兰排放量的因果效应。结果表明，征收碳税可大幅减少排放量。与碳税额在 1990-2005 年间增长 20 倍的反事实相比，芬兰 1995 年的排放量减少了 16%，2000 年减少了 25%，2004 年减少了 30%。估算结果表明，碳税的减排弹性约为 9%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Environmental Economics and Management Multiple-

CiteScore

8.00

自引率

4.30%

发文量

期刊介绍： The Journal of Environmental Economics and Management publishes theoretical and empirical papers devoted to specific natural resources and environmental issues. For consideration, papers should (1) contain a substantial element embodying the linkage between economic systems and environmental and natural resources systems or (2) be of substantial importance in understanding the management and/or social control of the economy in its relations with the natural environment. Although the general orientation of the journal is toward economics, interdisciplinary papers by researchers in other fields of interest to resource and environmental economists will be welcomed.