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Environmentally adjusted technical efficiency and the impact of energy and transport taxes on the eco-efficiency index of Greek industry

Author

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  • Christina Bampatsou

    (University of Thessaly
    Ionian University, Filosofon and Tzeveleki)

  • George Halkos

    (University of Thessaly)

  • Eleni-Christina Gkampoura

    (University of Thessaly)

Abstract

This study aims to investigate the ecological efficiency of industry in Greece through a sector-wise framework using data envelopment analysis and considering three different types of environmental emissions. Through this quantification, it is possible to determine the degree of internalization of the environmental impact for each sector of the Greek economy. This fact supports the administrative decision-making process for the planning of sustainable industrial development. Subsequently, the effect of energy and transportation taxes on the eco-efficiency index is examined. It is shown that the revenues from the collection of environmental taxes in Greece have not been sufficiently used to improve eco-efficiency. This fact underlines the need to achieve long-term economic development that is compatible with environmental goals and social needs through appropriate strategic decisions and measures. It also highlights the need to create a well-designed tax system in order to reduce environmental pollution and improve environmental quality.

Suggested Citation

  • Christina Bampatsou & George Halkos & Eleni-Christina Gkampoura, 2024. "Environmentally adjusted technical efficiency and the impact of energy and transport taxes on the eco-efficiency index of Greek industry," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(1), pages 73-97, March.
    • Handle: RePEc:spr:epolin:v:51:y:2024:i:1:d:10.1007_s40812-023-00292-y
    DOI: 10.1007/s40812-023-00292-y
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    More about this item

    Keywords

    Eco-efficiency; Environmental taxes; Environmental elasticity; Sectoral analysis; DEA; Greece;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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