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Distributional effects of the European Emissions Trading System and the role of revenue recycling
Cludius, Johanna ;  Beznoska, Martin ;  Steiner, Viktor ;  Universität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft

Main titleDistributional effects of the European Emissions Trading System and the role of revenue recycling
Subtitleempirical evidence from combined industry- and household-level data
AuthorCludius, Johanna
AuthorBeznoska, Martin
AuthorSteiner, Viktor
InstitutionUniversität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft
No. of Pages26 S.
Series Discussion paper / School of Business & Economics ; 2012/6 : Economics
Classification (DDC)337 International economics
AbstractWe calculate the expected distributional effects of the European Emissions Trading System combining industry and household-level data. By combining data on direct CO2 emissions by production sector from the German Environmental Account with the German Input-Output Accounts, we calculate the CO2 intensity of each sector covered by the EU ETS. We focus on the impact of price increases in the electricity sector, both directly in the form of higher electricity bills for consumers and indirectly through products that use electricity as an input to production. Distributional effects of price increases are analyzed on the basis of the German Income and Expenditure Survey for the year 2008 data and updated to 2013. We confirm the ex-ante expected regressive effect, which is, however, both rather small in magnitude and can be offset and even more than offset by revenue recycling, in particular the reduction of social security contributions on labour income.
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FU DepartmentDepartment Business and Economics
Other affiliation(s)Volkswirtschaftslehre, insbesondere empirische Wirtschaftsforschung
Year of publication2012
Type of documentBook
LanguageEnglish
Terms of use/Rights Nutzungsbedingungen
Created at2012-03-14 : 03:53:19
Last changed2014-01-23 : 04:20:21
 
Static URLhttp://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000013128
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