Arbeitspapier

Fuel for inequality: Distributional effects of environmental reforms on private transport

This paper provides the first empirical evidence of the distributional effects of subsidies for the purchase of alternative vehicles based on an extended version of Hausman's exact consumer surplus. Consistently with economic theory, we estimate changes in household welfare, inequality and social welfare corresponding to different reforms. First, we find that an additional tax on conventional fuel is regressive. However, returning the additional tax revenue via lump-sum transfers can alleviate this effect. Second, when the additional revenue is also used to finance subsidies for electrical and compressed natural gas (CNG) vehicles, households that own such vehicles experience welfare gains. However, this policy also increases income inequality and decreases social welfare.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 16-090

Klassifikation
Wirtschaft
Energy: Demand and Supply; Prices
Transportation Economics: Government Pricing and Policy
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Thema
Transport policies
Distributional effects
Electrical vehicles
Passenger cars

Ereignis
Geistige Schöpfung
(wer)
Tovar Reaños, Miguel Angel
Sommerfeld, Katrin
Ereignis
Veröffentlichung
(wer)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(wo)
Mannheim
(wann)
2016

Handle
URN
urn:nbn:de:bsz:180-madoc-418208
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Tovar Reaños, Miguel Angel
  • Sommerfeld, Katrin
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Entstanden

  • 2016

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