HÁJEK, Miroslav, Jarmila ZIMMERMANNOVÁ and Karel HELMAN. Environmental efficiency of economic instruments in transport in EU countries. Transportation Research Part D: Transport and Environment. 2021, vol. 100, 28.9.2021, p. 1-14. ISSN 1361-9209. Available from: https://dx.doi.org/10.1016/j.trd.2021.103054.
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Basic information
Original name Environmental efficiency of economic instruments in transport in EU countries
Authors HÁJEK, Miroslav, Jarmila ZIMMERMANNOVÁ (203 Czech Republic, belonging to the institution) and Karel HELMAN.
Edition Transportation Research Part D: Transport and Environment, 2021, 1361-9209.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50202 Applied Economics, Econometrics
Country of publisher United Kingdom of Great Britain and Northern Ireland
Confidentiality degree is not subject to a state or trade secret
WWW URL
Organization unit Moravian Business College Olomouc
Doi http://dx.doi.org/10.1016/j.trd.2021.103054
UT WoS 000706176800002
Keywords in English Carbon tax; EU ETS; Greenhouse gases; Environmental policy; Aviation emissions trading
Tags RIV2022
Changed by Changed by: Ing. Michaela Nováková, učo 5293. Changed: 29/4/2022 13:34.
Abstract
The main objective of this article is to examine how individual policy instruments contribute to reducing transport carbon emissions from transport in groups of EU countries. Multiple panel regression analysis was chosen as the research method, the impact of transport tax revenues on GHG emissions being expected to be negative. The results suggest that the influence of particular tax revenues on emissions varies between countries, differences being partly due to national legislations. Focusing on the explanatory variable of the price of aviation emissions allowances, the analysis supports our research hypothesis. The findings indicate that rising allowance prices contribute to the reduction of emissions, an increase in the EUAA price by €1 typically partially corresponding to a decrease in GHG emissions by 7.9 kg of CO2 per capita. Further research should facilitate the selection of the most effective economic instruments and their mix at EU level.
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