Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden
Name
2012-011.pdf
Description
main article
Size
4.05 MB
Format
Adobe PDF
Checksum (MD5)
c12a769208470577661de8a39bd4b514
Author(s)
Klier, Thomas
Linn, Joshua
Date Issued
July 2012
Publisher
MIT CEEPR
Citation
CEEPR-WP-2012-011
Series/Report no.
CEEPR Working Papers;2012-011
Abstract
France, Germany, and Sweden link vehicle taxes to the carbon dioxide (CO2) emissions rates of passenger vehicles. Based on new vehicle registration data from 2005–2010, a vehicle’s tax is negatively correlated with its registrations. The effect is somewhat stronger in France than in Germany and Sweden. Taking advantage of the theoretical equivalence between an emissions rate standard and a CO2-based emissions rate tax, we estimate the effect on manufacturers’ profits of reducing emissions rates. For France, a decrease of 5 grams of CO2 per kilometer reduces profits by 24 euros per vehicle. We find considerable heterogeneity across manufactures and countries.
Terms of Use
An error occurred on the license name.
Persistent DSpace Link
