Is it Time for a Revival of ETR in Italy? Energy Elasticities and Factor Substitutability for Manufacturing Firms
AbstractEnvironmental Tax Reforms (ETRs) have recently enjoyed renewed widespread attention as a tool aimed at GHG emission abatement. In this paper the efficacy of energy-related taxes in relation to Italian firms’ behaviour is analyzed. A translog model is used to estimate factor demands for a panel of industrial firms divided between small-medium and large enterprises. Our analysis estimates large and negative own price elasticities for energy. As for other inputs, we find complementarity between energy and capital and substitutability between energy and labour for small firms therefore a double dividend effect could take place if ETR is implemented.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 99 (2009)
Issue (Month): 3 (JULY-SEPTEMBER 2009)
Contact details of provider:
environmental tax reform; energy factor demand; micropanel data; translog;
Find related papers by JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabrina Marino).
If references are entirely missing, you can add them using this form.