Impact Of Environmental Taxes Research Articles

The role of government integrity in the impact of environmental taxes on comparative advantage in environmental goods and climate change in emerging markets

The goal of this study is to examine how environmental taxes influence the comparative advantage in environmental products and carbon emissions within emerging economies. To gain a better understanding, we examine whether this impact changes depending on the level of government integrity. This study utilizes panel autoregressive distributed lag (ARDL) techniques and a two-step generalized method of moments (GMM) dynamic panel model to ensure accuracy. The results indicate that increased environmental taxes mitigate the comparative advantage in environmental goods for emerging markets. However, for countries with high levels of government integrity, higher environmental taxes enhance their competitive edge in environmental goods. Additionally, our findings show that although a rise in environmental taxes is associated with higher carbon emissions, raising such taxes results in a reduction in carbon emissions for emerging economies with solid government integrity. These findings suggest that robust political institutions are crucial in promoting the comparative advantage of emerging markets in environmental goods and mitigating climate change. In the absence of substantial confidence in political or governmental institutions, the efficient implementation of climate taxes poses considerable challenges. Furthermore, we observe that an increase in the comparative advantage of environmental goods results in a decrease in carbon emissions.

The impact of environmental taxes on the level of NOx and SOx emissions

The impact of environmental taxes on the level of NOx and SOx emissions

Impact of environmental tax on ensuring environmental quality: Quantile-based evidence from G7 countries

To combat climate change and achieve climate-related Sustainable Development Goals, countries have been applying environmental taxes in various areas. Accordingly, this research analyzes the role of environmental tax in ensuring environmental quality. In doing so, the study focuses on G7 countries excluding Canada and Italy because of data unavailability, considers tax-based environmental taxes as the proxy of environmental precautions, uses load capacity factor (LCF) as the most recent environmental quality proxy, makes disaggregated and aggregated level analysis, performs novel quantile methods, and uses data from 1995/Q1 and 2020/Q4. The results present that at higher quantiles (i) energy-related environmental tax stimulates LCF in the United Kingdom (GBR) and the USA; (ii) resources-related environmental tax is beneficial to LCF in GBR, whereas it is partially helpful in France and Germany, and harmful in Japan and USA; (iii) transport-related environmental tax is beneficial for GBR, whereas it is partially helpful for France and Japan, and harmful for environmental quality in Germany and USA; (iv) total environmental taxes are good for GBR, whereas it is partially beneficial for France and harmful for environmental quality in Germany, Japan, and USA; (v) disaggregated and aggregated level environmental taxes have a causal impact on LCF across various quantiles; (vi) robustness of the results is validated. Thus, the study highlights the varying role of environmental taxes across countries, quantiles, and tax types on environmental quality. Hence, G7 policymakers should consider the changing structure in environmental policy formulation so that environmental tax practices can be beneficial in supporting environmental quality.

Facing or evading? The impact of environmental taxes on the migration of heavily polluting enterprises in China

Facing or evading? The impact of environmental taxes on the migration of heavily polluting enterprises in China

The impact of environmental taxes on the financial security of the logistics sector

The impact of environmental taxes on the financial security of the logistics sector

Do Environmental Taxes Affect Carbon Dioxide Emissions in OECD Countries? Evidence from the Dynamic Panel Threshold Model

The latest decades have been marked by rapid climate change and global warming due to the release of greenhouse gas emissions into the atmosphere. Environmental taxes have emerged as a cost-effective way to tackle environmental degradation. However, the effectiveness of environmental taxes in reducing pollution remains a topic of ongoing debate. The purpose of this paper is to examine empirically the effects of various environmental tax categories (energy, pollution, resource and transport) on CO2 emissions in 34 OECD countries between 1995 and 2019. The dynamic panel threshold regression developed by Seo and Shin (2016) is implemented to assess whether the impact of environmental taxes on CO2 emissions depends on a given threshold level. The locally weighted scatterplot smoothing analysis provides evidence for a nonlinear association between environmental taxes and CO2 emissions. The analysis indicates the existence of one significant threshold and two regimes (lower and upper) for all environmental tax categories. The dynamic panel threshold regression reveals that the total environmental tax, energy tax and pollution tax reduce CO2 emissions in the upper regime, i.e., once a given threshold level is reached. The threshold levels are 3.002% of GDP for the total environmental tax, 1.991% for the energy tax and 0.377% for the pollution tax. Furthermore, implementing taxes on resource utilization may be effective but with limited environmental effects. Based on the research results, it is recommended that countries in the OECD implement specific environmental taxes to reduce greenhouse gas emissions.

Impact of environmental tax on pollution control: A sustainable development perspective

China’s implementation of the Environmental Protection Tax Act in 2018 aimed to promote sustainable development and reduce pollutant emissions yet its mechanism and impact of pollution reduction are not clear. This study collected data from 287 cities between 2010 and 2019 in order to evaluate the impact of this tax on reducing pollution and assess its mechanism. The results show that the environmental tax had a significant spillover effect on reducing emissions of sewage, waste gases, and solid waste, suggesting that the implementation of environmental tax policies and their emission reduction effects can be enhanced through regional collaboration and intergovernmental cooperation. Furthermore, the impact of pollution control was more significant in cities with a higher concentration of heavy polluting enterprises, that is, the central and eastern regions and cities with large population. The impact of the policy was threefold: Firstly, the tax prompted the control of pollution by changing the external costs of pollution into the internal costs for businesses. Secondly, through the promotion of green innovation, the regulating bodies tracked and limited their pollutant emissions. Thirdly, the policy boosted the development of environmental protection facilities which aid in controlling pollutant emissions. The mechanism analysis suggests that the pollution control effectiveness of environmental taxation can be further improved by adopting a comprehensive and multi-dimensional approach to environmental protection measures. This study offers valuable policy guidance for the effective implementation of environmental taxation and provides a solid theoretical foundation for collaborative pollution control and multi-dimensional alleviation of environmental pollution, thus it has significant implications for promoting sustainable development.

The Impact of Environmental Tax and R&D Tax Incentives on Green Innovation

With the increasing severity of environmental threats, the role of governance in environmental protection is particularly important. This paper examines the policy effects of environmental regulation and its implementation and regulatory heterogeneity on green innovation from the perspective of a policy combination formed by demand–pull environmental taxes and supply–push R&D tax incentives, aiming to investigate the targeted effects of green innovation induced by regulatory policies in the tax environments of developing countries. Based on the data on China’s listed manufacturing enterprises from 2013 to 2021, this article uses the DID model to perform a fixed-effect test. The findings show that both environmental taxes and R&D tax incentives can promote the green innovation of enterprises, and their combination has a mutually reinforcing joint effect. Furthermore, an environmental tax can inhibit the strategic innovation problems of R&D tax incentives and improve the quality of green innovation. This paper also reveals that the tax enforcement environment positively affects the induction of green innovation from the perspective of policy implementation and supervision. Finally, the heterogeneity test examines the differences in the effects of policy implementation from the aspects of political association and whether manufacturing firm is a high-tech enterprise. The results of this paper provide a reference for improving the effectiveness of environmental regulatory policy portfolios from the aspects of pre-design optimization and post-implementation and supervision, enriching the evidence for the narrow Porter hypothesis in developing countries.

Study on the Impact of Environmental Tax on Corporate Green Innovation under the Dual Carbon Target based on A-Share Mining Listed Companies

Will the collection of environmental protection tax promote the green innovation of enterprises? Under the call of the 20th National Congress of the Communist Party of China to increase pollution prevention and ecological protection, this paper is based on Porter's hypothesis, taking China's Shanghai and Shenzhen A -share industrial listed companies from 2010 to 2020 as the research object, and empirically tested the impact of environmental protection tax on corporate green innovation. The research finds that: environmental protection tax significantly promotes green innovation of enterprises, and presents a hysteresis feature, that is, the current environmental tax significantly improves the level of green innovation of enterprises in the next period and the next period. After analysis, it is found that the role of environmental tax in promoting green innovation of enterprises is mainly reflected in state-owned enterprises, large-scale enterprises, and enterprises with low financing constraints. The research conclusions theoretically enrich the literature on the research on the economic consequences of environmental taxes and the research on the influencing factors of corporate green innovation, and provide important inspiration for improving China's environmental tax system and improving corporate green innovation in practice.

Environmental Taxation: Role in Promotion of the Pro-Environmental Behaviour

The purpose of the article is to investigate the potential of environmental taxation in the regulation of ecological responsibility and ensuring the pro-environmental behaviour of economic entities. To study the theoretical basis of environmental taxation and environmentally responsible behaviour, a bibliometric analysis of key words in scientific articles published on this topic was conducted. The results of the bibliometric analysis show that aspects of environmentally responsible behaviour are presented in the list of keywords that mediate the study of environmental taxation. Thus, pro-environmental behaviour is defined by the necessity of health risks avoiding, clean energy technology providing, waste generating reducing etc. The impact of environmental taxes on various aspects of environmentally responsible behaviour was modelled on the sample of six European countries (Belgium, France, Austria; Finland and Denmark) for 1994-2019. The results of the calculations show that environmental taxes have limited effectiveness in regulating various aspects of environmental liability. So, the average growth of environmental taxes revenue by 1 USD million provides a decrease in the Eco-Innovation Index by 0.001 point; the slow rise in CO2 emissions (less than 0.000 %) and the growth in tobacco use (about 0.000 %). On the other hand, environmental taxes do not influence the country’s environmental performance, as well as on the total alcohol consumption and renewable electricity consumption and output. Thus, an approach to the establishment of tax benefits for enterprises was proposed, considering the results of changes in the environmentally harmful effects they produce.

Impact of Environmental Tax on Corporate Sustainable Performance: Insights from High-Tech Firms in China.

High-tech enterprises play an important role in leading the future industrial transformation, and their sustainable development deserves attention. Using data of 263 high-tech listed firms in China, we explore the impact of environmental tax on corporate sustainable performance, and the mediating role of green innovation. The results show that environmental tax positively affects corporate green innovation. However, the impact of environmental tax on the sustainable performance of state-owned enterprises and private enterprises is quite different. For private enterprises, environmental tax has an inverted U-shaped impact on both corporate financial performance and environmental-social performance. Furthermore, green innovation mediates the relationship of environmental tax and financial performance. In contrast with private enterprises, for state-owned enterprises, environmental tax has a negative linear impact on corporate financial performance. There is no empirical evidence supporting the effect of environmental tax on the environmental social performance of state-owned enterprises. The results imply that the government should implement different tax policies according to the firms' characteristics, to promote the corporate sustainable development, especially state-owned enterprises.

The impact of environmental taxes on economic benefits and technology innovation input of heavily polluting industries in China

This paper defined heavily polluting enterprises as the treatment group based on relevant data on the listed companies in the 5 years from 2016 to 2020. Companies other than the heavily polluting enterprises were defined as the control group. An empirical analysis applying the double-difference technique was performed to assess the impact of China’s environmental tax on the economic performance and technological innovation input of industries that pollute heavily. The findings demonstrated an increased positive effects of environmental taxes on the economic performance and technology innovation input of heavily polluting industries since the inception of the environmental tax in China. As some enterprises in heavily polluting industries are under increased financial pressure owing to green upgrades and the low environmental tax rate in some regions, recommendations are presented to improve the environmental regulation system, adapt environmental taxes to local conditions, and strengthen the implementation and supervision of environmental taxes through big data technology.

Impact of Environmental Taxes on Environmental Pollution: An Application on Selected G20 Countries

Küresel düzeyde mücadele edilen çevre kirliliği sorunu, tüm canlıları tehdit eden boyutlara ulaşmıştır. Bu bağlamda, çevre kirliliğine neden olan faktörlerin incelenmesi ve sınırlandırılmasına yönelik politikaların geliştirilmesi kritik öneme sahiptir. Diğer yandan, yapılan analizlerde çevre kirliliğinin hangi değişken üzerinden temsil edildiği de sonuçları etkilemektedir. Çalışmada çevre kirliliğini temsilen, yoğun olarak kullanılan karbon emisyonu değişkeni yerine daha kapsayıcı olan ekolojik ayak izi göstergesi tercih edilmektedir. Çalışmanın amacı, 1998-2016 dönemi için seçilmiş G20 ülkelerinde çevre vergilerinin çevre kirliliği üzerindeki etkisini panel veri analizi ile incelemektir. Ampirik bölümde, Westerlund (2007) tarafından geliştirilen ikinci nesil panel eşbütünleşme testi ile Emirmahmutoğlu-Köse (2011) panel nedensellik testi uygulanmaktadır. Elde edilen bulgulara göre, çevre vergileri ile ekolojik ayak izi arasında eşbütünleşme ilişkisi bulunmamaktadır. Ayrıca çevre vergilerinden ekolojik ayak izine doğru ve ekolojik ayak izinden çevre vergilerine doğru nedensellik olmadığı tespit edilmektedir. Ancak kesit bazlı nedensellik sonuçları, Japonya ile Türkiye’de çevre vergilerinden ekolojik ayak izine ve Almanya ile Avustralya’da ekolojik ayak izinden çevre vergilerine doğru tek yönlü nedensellik olduğuna dair kanıtlar sunmaktadır. Sonuçlar, çevre vergilerinin çevre kirliliği üzerinde etkili olmadığına işaret etmektedir. Dolayısıyla çalışma, incelenen ülkelerde çevre vergilerinde çevre kalitesini artıracak reformlara ihtiyaç olduğunu ortaya koymaktadır.

The Impact of Environmental Taxes on the Level of Greenhouse Gas Emissions in Poland and Sweden

The research presented in the article was aimed at verifying the effectiveness of environmental taxes in reducing the level of greenhouse gas emissions. For this purpose, data provided by Eurostat in the environmental taxes category were used. They were treated as explanatory variables. Data were entered into the ARMAX models built by the authors. The dependent variable was the emission of two greenhouse gases covered by the research, namely carbon dioxide and methane. The research was carried out in Poland, for which the results obtained for Sweden were used as the benchmark. The built models made it possible to verify the relationship between environmental taxes in the categories of energy, transport, pollution, resources, and the level of CO2 and CH4 emissions. The nature of the explanatory variable was also examined. Environmental taxes can fulfill a fiscal, incentive, and redistributive function. The conducted research shows that these taxes, in fact, fulfill mainly a fiscal function, while redistributive and incentive functions are insufficient. It was also observed that the direction and strength of the impact of taxes differ depending on the greenhouse gas.

Analysis of the Role of Promoting Sustainable Green Growth through Government Agencies in a Legal Context.

The rapid development of the global economy has also caused the deterioration of the natural environment. The traditional economic growth method can no longer meet the development requirements of the times for the environment. The realization of sustainable and green development of human society has become the consensus of the whole society. To improve the degree of the greening of the economy, it is necessary to coordinate the management of various departments and to integrate the concept of environment and resources into economic growth. It is an important way for government departments to formulate corresponding sustainable green growth policies by relying on laws to achieve the strategic goals of sustainable green growth. In order to explore the role of government agencies in sustainable green growth through the enactment of relevant laws, this article takes China as the study of the environment. From the perspective of environmental protection tax law, through the establishment of the relationship model between ET and economic variables and ET and environmental indicators, using vector autoregression and system dynamics simulation analysis methods, the effect of ET on the environment and economy is studied. In the analysis of the impact on the environment, the impact of the auxiliary policy of ET on sustainable green growth is discussed. The experimental results show that the impact of environmental tax (ET) on GDP is more obvious. The simulation results show that when the proportion of technology investment is 35%, the promotion effect of sustainable green growth is the best. That is to say, the formulation of relevant laws and policies by government agencies has a certain role in promoting sustainable green growth.

Impact of Environmental Tax on Comparative Advantage of Food and Food Products: A Study of G20 Countries in Light of Environmentally Sensitive Goods

Many countries are under constant fear that environmental policies might negatively influence the international competitiveness of polluting industries. In this study, we aim to evaluate the relationship and impact of the environmental tax on comparative advantage of trade in food and food products industry, considered to be one of the highly environmentally sensitive industries. This study also investigates, whether this relationship differs among countries covered in G20, with the help of correlation analysis. We select panel autoregressive distributed lag approach for this study as it can analyse long-run as well as short-run association even when the variables are stationary at different orders of integration. Using panel data from G20 countries over the period of 21 years that is from 1994 to 2015, it is concluded that when we allow environmental taxes to interact with the revealed comparative advantage (RCA) of G20 nations, the overall impact of the environmental tax on the RCA is negative in the long period. It is therefore suggested that countries should follow Porter hypothesis to stimulate innovations resulting from strict environmental regulations that affect the environment in least possible manner. JEL Codes: C01, C23, C33, F18, O57, Q5

The Impact of Environmental Taxes on Agriculture – the Case of Slovakia

The Impact of Environmental Taxes on Agriculture – the Case of Slovakia

Environmental Taxes Impact on the Population Health Protection: Cross-Country Analysis

With each passing year, solving the demographic problem and the problem of population health is becoming more urgent, posing new challenges to politicians, producers and society. It has been proven that a person who cares about the quality of food, monitors the daily needs of vitamins and trace elements, consumes clean water, lives in an environmentally friendly area (away from industrial enterprises) is healthier than those who are unscrupulous in these aspects. The consequences of carelessness in health are the emergence of chronic diseases, the development of diabetes, obesity, cardiovascular disease, and more. In some places, the lack of a balanced diet and living in industrial regions also increases the mortality rate. The systematization of scientific background showed that both domestic and international scientists explore the role of environmental policy in public health. Existing theoretical and empirical research shows that the effective use of environmental tools could positively impact public health and life expectancy. However, the theoretical findings showed that foreign scholars have a more extensive interest in issues of environmental disasters and crises spreading in their countries. This article aims to confirm or refuse the hypothesis on the impact of environmental taxes and the environmental pollution level on people’s lives and health. The correlation-regression analysis allowed identifying a list of indicators that directly and inversely affect health and life expectancy. In the study, the dependent variable is the environmental tax revenues, which in most cases had a significant impact on health and life indicators (including the incidence of tuberculosis, cancer, diabetes, unintentional poisoning mortality, and life expectancy). It should be noted that environmental taxation should be considered in terms of ensuring the compensatory function and the amount of environmental damage which currently affects the living conditions. The obtained results could be provided as a scientific basis for further research on key determinants of improving public health and lives using the environmental taxation tools (environmental tax payments, additional financing of entrepreneurial activities that imitate green production, promotion of healthy eating, etc.).

RESEARCH OF THE IMPACT OF ENVIRONMENTAL TAXATION PARAMETERS ON THE INDICATORS OF SOCIO-ECOLOGICAL-ECONOMIC DEVELOPMENT

The article is devoted to the study of the preconditions and peculiarities of the application of environmental taxation instruments for the implementation of the concept of “green” economy in the world. An analysis of world researches on the impact of environmental taxes on the indicators of sustainable development and socio-economic status has been conducted. Based on the analytical tools, a panel regression analysis of environmental taxation effects has been performed. The results of the assessment of the relationship between these indicators and the parameters of sustainable development should be the basis for the development of environmental policy aimed at reducing the burden on the environment and targeted funding for ecosystem protection. Prospects for further work are to develop guidelines for the formation of mechanisms for financial support of environmental activities and study the effectiveness of environmental and economic instruments of taxation.

The Impact of Environmental Tax on Low-Carbon Transition

The Impact of Environmental Tax on Low-Carbon Transition