Welfare Implications of Car Feebates
A Simulation Analysis
Bibliographic Data
| ID | 9703610 |
|---|---|
| Authors | Αδάμος Αδάμου (University of Cyprus), Adamos Adamou (University of Cyprus), Sofronis Clerides (0000-0002-5054-8408, University of Cyprus and CEPR), Theodoros Zachariadis (0000-0002-9452-3018, Cyprus University of Technology) |
| Year | 2014 |
| Volume | 124 |
| Issue | 578 |
| Pages | F420-F443 |
| Publication date | 2014-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12094 |
| OpenAlex | W2069260700 |
| Language | EN |
| Citations received | 4 |
| References cited | 18 |
Vehicle taxation based on inline image emissions is increasingly being adopted worldwide to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to low-carbon cars. We estimate demand for passenger cars in Germany and simulate the impact of alternative feebate schemes on emissions, consumer welfare, public revenues and firm profits. We find that revenue-neutral feebate schemes are welfare decreasing; welfare can only increase with schemes that increase tax revenues at the expense of consumer and producer surplus
Business · Carbon tax · Consumer demand · Consumer welfare · Economic surplus · Economics · Greenhouse gas · Market economy · Microeconomics · Public economics · Revenue · Tax revenue · Welfare · Climate Change Policy and Economics · Economic and Environmental Valuation · Energy, Environment, and Transportation Policies · Finance
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,36 |
| Citation span | 2015 - 2021 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |