Market-Based Instruments in CEE Countries: Much Ado about Nothing

Milan Scansy´ () and Vojtech Máca ()
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Milan Scansy´: Charles University Environment Center
Vojtech Máca: Charles University Environment Center
Authors registered in the RePEc Author Service: Milan Ščasný ()

Rivista di Politica Economica, 2009, vol. 99, issue 3, 59-91

Abstract: This paper overviews the use of environmentally related levies and other economic instruments in air quality and climate change policies in Central and Eastern European EU countries. It is shown that their overall effectiveness and efficiency is quite low and they help to secure revenues for dedicated environmental funds only. We pay a special attention to the implementation of 2003/96/EC Directive in the Czech Republic that presents the unique example of a revenue-neutral environmental tax reform actually introduced. By using a micro-simulation model we assess the distributional effects of this reform and found small effects both on households and environment.

Keywords: market-based instruments; air quality; distributional impacts; ETR; CEEC. (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:v:99:y:2009:i:3:p:59-91

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