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Ecological Fiscal Policy: between Theory and Practice

Author

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  • Mariana VUTA

    () (The Bucharest Academy of Economic Studies, Romania)

Abstract

The environment is becoming a more important element in the public decision process. Governments, non-profit organizations, civil society and firms are involved in different projects in order to protect this public good. But what does a state do in order to correct the damages brought upon the environment? This paper aims, on one side, to underline state’s fiscal leverages in order to internalize costs related to pollution externalities, and on the other side to preset clean investments encouraging instruments. The study will show that even though in Romania the fiscal pressure in high budgetary encasements obtained though environmental instruments do not help in putting in place a coherent policy with positive and visible effects upon future generations.

Suggested Citation

  • Mariana VUTA, 2011. "Ecological Fiscal Policy: between Theory and Practice," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 399-405, December.
  • Handle: RePEc:rom:econmn:v:14:y:2011:i:2:p:399-405
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    File URL: http://www.management.ase.ro/reveconomia/2011-2/11.pdf
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    Cited by:

    1. Cicea, Claudiu & Marinescu, Corina & Popa, Ion & Dobrin, Cosmin, 2014. "Environmental efficiency of investments in renewable energy: Comparative analysis at macroeconomic level," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 555-564.

    More about this item

    Keywords

    environment; environmental taxes; ecological fiscal policy.;

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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