Should Faustmann Forecast Climate Change?
In: CESifo Working Paper No. 7636
10 Ergebnisse
Sortierung:
In: CESifo Working Paper No. 7636
SSRN
In: Sveriges Riksbank Working Paper Series No. 340
SSRN
Working paper
In: Environmental and resource economics, Band 65, Heft 3, S. 541-571
ISSN: 1573-1502
SSRN
Working paper
In: IFN Working Paper No. 1107
SSRN
SSRN
Following the oil-price surge in the wake of Russia's invasion of Ukraine, many countries in the EU are proposing to cut taxes on petrol and diesel. Using standard theory and empirical estimates, we assess how such tax cuts will influence the oil income in Russia. We find that a tax cut of 20 euro cents per liter would increase Russia's oil profits by around 11-17 million Euros per day in the short run and long run. This is equivalent to 4100-6300 million Euros in a year, 0.3-0.5% of Russia's GDP or 7-11% of its military spending. We show that a cash transfer to EU citizens, with an equivalent fiscal burden as the tax cut, reduces these side effects to a fraction.
BASE
In: Environmental and resource economics, Band 76, Heft 4, S. 789-810
ISSN: 1573-1502
In: CESifo Working Paper No. 8367
SSRN
Working paper
In: Ecology and society: E&S ; a journal of integrative science for resilience and sustainability, Band 19, Heft 3
ISSN: 1708-3087