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This paper calculates the CO2e (CO2 equivalents) footprint of private consumption in the EU27 by five groups of household income, using a fully fledged macroeconomic input-output model covering 59 industries and five groups of household income for the EU27. Due to macroeconomic feedback...
Persistent link: https://www.econbiz.de/10011446556
This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of …, education and childcare expenditure on estimates of income inequality and poverty for 24 European countries. The empirical … results show significant effects of public in-kind transfers on the level of income inequality and poverty for all countries …
Persistent link: https://www.econbiz.de/10013193777
Carbon taxes on household consumption can simultaneously increase public funding and promote greener consumption habits, an appealing combination for the just transition plans of the European Union (EU). However, concerns about equity and public support pose challenges. This paper assesses the...
Persistent link: https://www.econbiz.de/10015072263
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
Persistent link: https://www.econbiz.de/10008696133
In this study CO2 emissions embodied in Austrian international trade are quantified employing a 66-region input output model of multidirectional trade. We find that Austria's final demand CO2 responsibilities on a global scale are 38% higher than conventional statistics report (110 Mt-CO2 versus...
Persistent link: https://www.econbiz.de/10011392327
Persistent link: https://www.econbiz.de/10002347058
Persistent link: https://www.econbiz.de/10002067298
Persistent link: https://www.econbiz.de/10013069909
We propose an estimation strategy that accounts for two major problems raised in the empirical literature testing for the prevalence of the inverted U-shaped relation between environmental degradation and economic activity, namely the Environmental Kuznets Curve (EKC) hypothesis. First, we use...
Persistent link: https://www.econbiz.de/10012993697