Efficiency and equity aspects of energy taxation

Arbeitspapier

We analyse the distributional effects of increased oil excises in Belgium by combining a Computable General Equilibrium (CGE) model with the EUROMOD microsimulation framework that exploits the rich detail of household-level data. The link between the CGE model and the micro level is top-down, feeding changes in commodity prices, factor returns and employment by sector into a non-behavioural microsimulation. The results suggest that policymakers face an equity-efficiency trade-off driven by the choice of revenue recycling options. Distributional effects of the environmental tax reform appear to depend strongly on changes in factor prices and welfare payments.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EUROMOD Working Paper ; No. EM12/13

Classification and Topics

• Classification: Wirtschaft ; Computable General Equilibrium Models ; Personal Income, Wealth, and Their Distributions ; Computable and Other Applied General Equilibrium Models ; Taxation and Subsidies: Incidence ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Energy and the Macroeconomy
• Subject: Energy policy ; income distribution ; CGE ; microsimulation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Vandyck, Toon
• Event: Veröffentlichung
• (who): University of Essex, Institute for Social and Economic Research (ISER)
• (where): Colchester
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/91651
• Last update: 10.03.2025, 11:43 AM CET