RT info:eu-repo/semantics/article
T1 Car usage, CO2 emissions and fuel taxes in Europe.
A1 González Marrero, Rosa Marina
A1 Marrero, Gustavo A.
A1 Rodríguez López, Jesús
A2 EconomíaContabilidad y Finanzas
K1 Cars CO2 emissions
K1 Dieselization
K1 Dynamic general equilibrium
K1 Pigouvian fuel taxes
K1 Europe
AB ThenumberofdieselcarsinEuropehasgrownsignificantlyoverthelastthreedecades, a process usually known as dieselization, and they now account for nearly 40% of the cars on the road. We build on a dynamic general equilibrium model that makes a distinction between diesel motor and gasoline motor vehicles and calibrate it for main Europeancountries. Firstly, we findthat thedieselization can be explained byachange in consumer preferences paired with the productivity gains from the specialization of the European automotive industry. Secondly, the lenient tax policies in favor of diesel fuel help to explain the rebound effect in road traffic. Finally, from a normative standpoint, the model suggests that a tax discrimination based on the carbon content of each fuel (higher for diesel relative to gasoline) would actually be more effective in curbing CO2 emissions rather than a tax based on fuel efficiency. Based on the existing studies, we also document that other external costs of diesel are always higher than those of gasoline, and the Pigouvian tax rates should reflect this aspect. This recommendation is radically different to the existing fuel tax design in most European countries.
YR 2020
FD 2020
LK http://riull.ull.es/xmlui/handle/915/40137
UL http://riull.ull.es/xmlui/handle/915/40137
LA en
NO El artículo está publicado en Open Access
DS Repositorio institucional de la Universidad de La Laguna
RD 27-dic-2024