Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany
AbstractVehicle 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.
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Bibliographic InfoPaper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2011.96.
Date of creation: Dec 2011
Date of revision:
CO2 emissions; German Automobile Market; Feebates; Carbon Taxation;
Other versions of this item:
- Adamou, Adamos & Clerides, Sofronis & Zachariadis, Theodoros, 2012. "Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany," CEPR Discussion Papers 8782, C.E.P.R. Discussion Papers.
- Adamos Adamou & Sofronis Clerides & Theodoros Zachariadis, 2012. "Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany," University of Cyprus Working Papers in Economics 01-2012, University of Cyprus Department of Economics.
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
- Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-01 (All new papers)
- NEP-CMP-2012-02-01 (Computational Economics)
- NEP-ENE-2012-02-01 (Energy Economics)
- NEP-ENV-2012-02-01 (Environmental Economics)
- NEP-EUR-2012-02-01 (Microeconomic European Issues)
- NEP-REG-2012-02-01 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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