<div class="csl-bib-body">
<div class="csl-entry">Sommer, M. W. (2020). <i>The economic effects of carbon pricing policies : the effectiveness of pricing policies from an economic modelling perspective</i> [Dissertation, Technische Universität Wien]. reposiTUm. https://doi.org/10.34726/hss.2020.83983</div>
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dc.identifier.uri
https://doi.org/10.34726/hss.2020.83983
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/16505
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dc.description
Abweichender Titel nach Übersetzung der Verfasserin/des Verfassers
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dc.description.abstract
The taxation of Greenhouse Gas Emissions (GHG) emissions such as CO2 could play an important role in achieving the Paris Agreement and thereby curtail the impacts of climate change. Such price policies do not only affect the targeted matter, as the emissions themselves, but can have unanticipated side effects as “carbon leakage” or “green paradox”. These can change not only the economy impact but can also have an influence of the anticipated performance of the tax. The economic as well as environmental effects of price policies such as taxes depend on changing circumstantial factors. All these factors have an impact on the “Effective Elasticity” of the taxation. This Elasticity is the overall relative change of energy demand (and the connected emissions) with respect to the relative change in energy prices due to the tax-markup after the inclusion of feedbacks of the economic system. This final elasticity thereby represents their efficiency of the tax. In this thesis factors that influence the overall elasticity as the economy’s structure, income inequality, trade, labour market situation, the domestic price system and the impact of revenue redistribution are investigated by using the macroeconomic model to simulate the effects of CO2 emission taxes. I present a full description of the elaborated model and apply different variants of the model to scenarios that allows uncovering possible feedbacks of the economic system. The applications comprise (a) carbon pricing in for Austria, (b) estimate the carbon footprint connected to household income, (c) compare two carbon taxation schemes and (d) investigate tax revenue recycling possibilities and their social economic consequences. The results show that the performance of a CO2 tax is significantly influenced by the feedbacks of the economy. Depending on the regional and sectoral coverage of the tax, the economic situation, trade positions and the selected way of revenue recycling the initial change of energy demand due to the tax can be amplified or dampened, leading to a quite different overall effective elasticity.
en
dc.language
English
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dc.language.iso
en
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dc.rights.uri
http://rightsstatements.org/vocab/InC/1.0/
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dc.subject
macroeconomic modelling 7 CO2 taxes
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dc.subject
tax revenue recycling
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dc.subject
carbon leakage
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dc.subject
income distribution
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dc.subject
carbon footprint
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dc.subject
makroökonomische Modellierung
de
dc.subject
CO2 Steuern
de
dc.subject
carbon leakage
de
dc.subject
Steuerrückverteilung
de
dc.subject
Einkommensverteilung
de
dc.subject
CO2 Fussabdruck
de
dc.title
The economic effects of carbon pricing policies : the effectiveness of pricing policies from an economic modelling perspective
en
dc.title.alternative
Ökonomische Effekte der Bepreisung von CO2 Emissionen – die Effektivität von Preispolitiken aus der Perspektive eines makroökonomischen Modells
de
dc.type
Thesis
en
dc.type
Hochschulschrift
de
dc.rights.license
In Copyright
en
dc.rights.license
Urheberrechtsschutz
de
dc.identifier.doi
10.34726/hss.2020.83983
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dc.contributor.affiliation
TU Wien, Österreich
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dc.rights.holder
Mark Wolfgang Sommer
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dc.publisher.place
Wien
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tuw.version
vor
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tuw.thesisinformation
Technische Universität Wien
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tuw.publication.orgunit
E370 - Institut für Energiesysteme und Elektrische Antriebe