Energy taxation in Southern Europe: The case of Portugal

Energy taxation in Southern Europe: The case of Portugal

We investigate whether or not the imposition of a common EC energy-tax will penalize more the poorer Southern European economies and if this will harm convergence at the EC level. We start by surveying briefly the existing studies and empirical evidence. Then we exploit the results obtained when usi...

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Bibliographic Details
Published in:Environmental & resource economics Vol. 3; no. 1; pp. 23 - 39
Main Author: Modesto, Leonor
Format: Journal Article
Language:English
Published: European Association of Environmental and Resource Economists 01-02-1993
Series:Environmental & Resource Economics
Subjects:
convergence
Energy taxation
Energy taxes
Europe
Portugal
Southern Europe
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Summary:We investigate whether or not the imposition of a common EC energy-tax will penalize more the poorer Southern European economies and if this will harm convergence at the EC level. We start by surveying briefly the existing studies and empirical evidence. Then we exploit the results obtained when using the macroeconometric HERMES models to simulate the introduction of an energy-tax. Unfortunately, as we only have HERMES results for one Southern European economy, Portugal, our conclusions are limited. Finally, we investigate convergence in Europe and the effects of energy taxation on convergence. We conclude that energy taxation will harm growth all over the EC, penalizing more one of the less developed countries, Portugal, and having most probably adverse effects on convergence. Copyright Kluwer Academic Publishers 1993
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0924-6460
1573-1502
DOI:10.1007/BF00338318