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Effet de serre, échanges internationaux et taxation locale des produits pétroliers


  • Julien Daubanes
  • André Grimaud


This article deals with the impacts of national environmental taxes on economic efficiency when pollution is global. We propose a dynamic, two-country model where the use of a non-renewable resource generates emissions accumulating in a world stock of atmospheric pollution. We assume that the two countries differ along their total productivity, their size and their endowments with the resource, which is entirely owned by one country. We show that the use of national taxes may correct the global pollution externality if governments coordinate on the temporal profile of taxes. Nevertheless, each government is tempted to strategically use the level of its tax. Countries’ heterogeneities then entail different taxes, and therefore different final prices, thus creating a new distortion in the allocation of the resource. This analysis suggests an argument against the use of environmental taxes in the fight against greenhouse effect, at the benefit of other instruments. The argument mainly relies on the diverging interests of countries in levying tax revenues on the use of non-renewable resources. Classification JEL : Q5, Q3, F4, H2

Suggested Citation

  • Julien Daubanes & André Grimaud, 2010. "Effet de serre, échanges internationaux et taxation locale des produits pétroliers," Revue économique, Presses de Sciences-Po, vol. 61(1), pages 131-152.
  • Handle: RePEc:cai:recosp:reco_611_0131

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    References listed on IDEAS

    1. V. V. Chari & Patrick J. Kehoe & Ellen R. McGrattan, 2000. "Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?," Econometrica, Econometric Society, vol. 68(5), pages 1151-1180, September.
    2. Bankim Chadha & Eswar Prasad, 1997. "Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan," IMF Staff Papers, Palgrave Macmillan, vol. 44(3), pages 328-355, September.
    3. Lastrapes, William D, 1992. "Sources of Fluctuations in Real and Nominal Exchange Rates," The Review of Economics and Statistics, MIT Press, vol. 74(3), pages 530-539, August.
    4. Perron, Pierre & Rodriguez, Gabriel, 2003. "GLS detrending, efficient unit root tests and structural change," Journal of Econometrics, Elsevier, vol. 115(1), pages 1-27, July.
    5. Hsieh, David A., 1982. "The determination of the real exchange rate : The productivity approach," Journal of International Economics, Elsevier, vol. 12(3-4), pages 355-362, May.
    6. Johansen, Soren, 1992. "Determination of Cointegration Rank in the Presence of a Linear Trend," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 54(3), pages 383-397, August.
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    9. Ronald Macdonald, 1999. "Asset Market and Balance of Payments Characteristics: An Eclectic Exchange Rate Model for the Dollar, Mark and Yen," Open Economies Review, Springer, vol. 10(1), pages 5-29, February.
    10. Dibooglu, Selahattin & Kutan, Ali M., 2001. "Sources of Real Exchange Rate Fluctuations in Transition Economies: The Case of Poland and Hungary," Journal of Comparative Economics, Elsevier, vol. 29(2), pages 257-275, June.
    11. Ibrahim Chowdhury, 2004. "Sources of exchange rate fluctuations: empirical evidence from six emerging market countries," Applied Financial Economics, Taylor & Francis Journals, vol. 14(10), pages 697-705.
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    15. Yoshikawa, Hiroshi, 1990. "On the Equilibrium Yen-Dollar Rate," American Economic Review, American Economic Association, vol. 80(3), pages 576-583, June.
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    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue


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