Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89191
Authors: 
Miller, Sebastian
Vela, Mauricio
Year of Publication: 
2013
Series/Report no.: 
IDB Working Paper Series IDB-WP-467
Abstract: 
This paper focuses on the question of whether the magnitude of long-established environmentally related taxes (ERT) is related to countries environmental performance. While environmental taxes efficiencies have previously been discussed, those taxes contribution to reducing pollution and improving environmental quality has not been fully explored. This paper therefore analyzes the effectiveness of environmental taxes by examining the environmental performance of 50 countries from all regions in association with the amount of revenues from environmentally related taxes each country collects. Using a cross-section regression and a panel dynamic regression, the paper finds that countries with higher revenues from these types of taxes also exhibit higher reductions in CO2 emission, PM10 emissions, and energy consumption and production from fossil sources.
JEL: 
H23
Q53
Q58
Document Type: 
Working Paper

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