EconPapers    
Economics at your fingertips  
 

Sectoral effects of a Green Tax Reform in Portugal

Miguel Rodriguez (), Margarita Robaina and Carla Teotónio

Renewable and Sustainable Energy Reviews, 2019, vol. 104, issue C, 408-418

Abstract: Economic downturn coupled with serious and persisting environmental problems require a new regulation system to tackle these problems. The Portuguese government created the Commission for the Green Tax Reform in 2014, following the guidelines of the European Union in the sense that fiscal policy should contribute to public budget consolidation and sustainable growth. The Commission was commissioned to propose a simplification of taxation in order to promote economic competitiveness, environmental sustainability and the efficient use of resources. The aim of this paper is to present the results from one of the teams that have contributed to the Commission for the Green Tax Reform. We have followed the European Commission guidelines in order to simulate a Green Tax Reform with a static general equilibrium model and aligned to the political context. We found that (i) it is possible to enjoy a positive double dividend, (ii) to achieve improvements in the energy-trade balance and energy independence and (iii) to reduce the energy intensity of the Portuguese economy.

Keywords: Green Tax Reform; Portugal; Computable general equilibrium models (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032119300267
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:104:y:2019:i:c:p:408-418

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-10-07
Handle: RePEc:eee:rensus:v:104:y:2019:i:c:p:408-418