Martin, Ralf; de Preux, Laure B.; Wagner, Ulrich J. - London School of Economics (LSE) - 2009
We estimate the impacts of an energy tax – the Climate Change Levy (CCL) – on the manufacturing sector using panel data … subject to the CCL and plants that were granted an 80% discount on the levy after joining a so-called Climate Change Agreement …, gross output or total factor productivity. We conclude that, had the CCL been implemented at full rate for all businesses …