Have climate policies been effective in Austria? A reverse causal analysis

Talis Tebecis

No 346, Department of Economics Working Paper Series from WU Vienna University of Economics and Business

Abstract: Around the world, countries are becoming more ambitious in their emission reduction pledges. Developing policies to actually meet these targets requirescarefully evaluating which policies have been most effective at reducing emissions to date. We use reverse causal policy evaluation to answer this question, asking, “Which climate policies have reduced CO2 emissions the most in Austria since 1995?” This novel approach allows us to identify negative structural breaks, i.e. large reductions in emissions that are not accounted for by the main determinants of CO2 emissions (population and economic growth), and attribute these breaks to relevant policies. We find statistically significant breaks in only four out of 21 sectors, altogether representing a reduction of less than 2.5% of Austria’s total CO2 emissions beyond what would have been expected, given its socio-economic development, which is significantly shy of the country’s 48% emission reduction target.

Keywords: CO2 emissions; climate policy; reverse causal analysis; Austria; structural breaks (search for similar items in EconPapers)
Date: 2023-08
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://research.wu.ac.at/en/publications/92adb3ea-18cd-4d05-8d09-223bea611536 original version (application/pdf)

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:wiw:wus005:45551161

Access Statistics for this paper

More papers in Department of Economics Working Paper Series from WU Vienna University of Economics and Business Welthandelsplatz 1, 1020 Vienna, Austria.
Bibliographic data for series maintained by WU Library ().