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FEEM Working Papers, Fondazione Eni Enrico Mattei >
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http://hdl.handle.net/10419/59725
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| Title: | | Designing carbon taxation schemes for automobiles: A simulation exercise for Germany  |
| Authors: | | Adamou, Adamos Clerides, Sofronis Zachariadis, Theodoros |
| Issue Date: | | 2011 |
| Series/Report no.: | | Nota di lavoro, Fondazione Eni Enrico Mattei: Climate Change and Sustainable Development 96.2011 |
| Abstract: | | Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to purchasers of low-carbon automobiles. e estimate a discrete choice model of demand for automobiles in Germany and simulate the impact of alternative feebate schemes on emissions, consumer welfare, public revenues and firm profits. The analysis shows that a well-designed scheme can lead to emission reductions without reducing overall welfare. |
| Subjects: | | CO2 emissions German Automobile Market Feebates Carbon Taxation |
| JEL: | | Q5 Q53 Q58 |
| Document Type: | | Working Paper |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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