A Dynamic Spatial Panel of Subnational GHG Emissions: Environmental Effectiveness of Emissions Taxes in Spanish Regions

Jaime Vallés-Giménez () and Anabel Zárate-Marco
Additional contact information
Anabel Zárate-Marco: Faculty of Economics and Business, University of Zaragoza, 50005 Zaragoza, Spain

Sustainability, 2020, vol. 12, issue 7, 1-22

Abstract: In this paper we study the effectiveness of environmental taxes and policies of the regional level of government to reduce GHG emissions. We use panel data for the 17 Spanish regions in the period 1999–2017, controlling the spatial nexus between regions and using a dynamic Durbin model. The results show there is spatial dependence and spatio-temporal persistence of GHG emissions at the regional level in Spain, and that in this context, the taxes and policies intended to manage emissions introduce a slight disincentive to generating them. This fact, together with some relative decoupling which seems to exist between growth and emissions at the regional level, would suggest the need for tougher measures to combat environmental pollution in order to meet EU commitments.

Keywords: greenhouse gas emissions (GHG); emissions tax; environmental policy; spatial nexus; temporal persistence (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.mdpi.com/2071-1050/12/7/2872/pdf (application/pdf)
https://www.mdpi.com/2071-1050/12/7/2872/ (text/html)

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:gam:jsusta:v:12:y:2020:i:7:p:2872-:d:341289

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().