Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden
France, Germany, and Sweden link vehicle taxes to the carbon dioxide (CO2) emissions rates of passenger vehicles. Based on new vehicle registration data from 2005–2010, a vehicle’s tax is negatively correlated with its registrations. The effect is somewhat stronger in France than in Germany and Swed...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
MIT CEEPR
2012
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| Online Access: | http://hdl.handle.net/1721.1/72006 |
| _version_ | 1826215312845963264 |
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| author | Klier, Thomas Linn, Joshua |
| author_facet | Klier, Thomas Linn, Joshua |
| author_sort | Klier, Thomas |
| collection | MIT |
| description | France, Germany, and Sweden link vehicle taxes to the carbon dioxide (CO2) emissions rates of passenger vehicles. Based on new vehicle registration data from 2005–2010, a vehicle’s tax is negatively correlated with its registrations. The effect is somewhat stronger in France than in Germany and Sweden. Taking advantage of the theoretical equivalence between an emissions rate standard and a CO2-based emissions rate tax, we estimate the effect on manufacturers’ profits of reducing emissions rates. For France, a decrease of 5 grams of CO2 per kilometer reduces profits by 24 euros per vehicle. We find considerable heterogeneity across manufactures and countries. |
| first_indexed | 2024-09-23T16:23:11Z |
| format | Working Paper |
| id | mit-1721.1/72006 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T16:23:11Z |
| publishDate | 2012 |
| publisher | MIT CEEPR |
| record_format | dspace |
| spelling | mit-1721.1/720062019-04-11T05:35:11Z Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden Klier, Thomas Linn, Joshua France, Germany, and Sweden link vehicle taxes to the carbon dioxide (CO2) emissions rates of passenger vehicles. Based on new vehicle registration data from 2005–2010, a vehicle’s tax is negatively correlated with its registrations. The effect is somewhat stronger in France than in Germany and Sweden. Taking advantage of the theoretical equivalence between an emissions rate standard and a CO2-based emissions rate tax, we estimate the effect on manufacturers’ profits of reducing emissions rates. For France, a decrease of 5 grams of CO2 per kilometer reduces profits by 24 euros per vehicle. We find considerable heterogeneity across manufactures and countries. 2012-08-07T14:02:18Z 2012-08-07T14:02:18Z 2012-07 Working Paper http://hdl.handle.net/1721.1/72006 CEEPR-WP-2012-011 en_US CEEPR Working Papers;2012-011 An error occurred on the license name. An error occurred getting the license - uri. application/pdf MIT CEEPR |
| spellingShingle | Klier, Thomas Linn, Joshua Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title | Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title_full | Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title_fullStr | Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title_full_unstemmed | Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title_short | Using Vehicle Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden |
| title_sort | using vehicle taxes to reduce carbon dioxide emissions rates of new passenger vehicles evidence from france germany and sweden |
| url | http://hdl.handle.net/1721.1/72006 |
| work_keys_str_mv | AT klierthomas usingvehicletaxestoreducecarbondioxideemissionsratesofnewpassengervehiclesevidencefromfrancegermanyandsweden AT linnjoshua usingvehicletaxestoreducecarbondioxideemissionsratesofnewpassengervehiclesevidencefromfrancegermanyandsweden |