Jump to ContentJump to Main Navigation
Environmental Tax Reform (ETR)A Policy for Green Growth$
Users without a subscription are not able to see the full content.

Paul Ekins and Stefan Speck

Print publication date: 2011

Print ISBN-13: 9780199584505

Published to Oxford Scholarship Online: May 2011

DOI: 10.1093/acprof:oso/9780199584505.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 26 November 2020

Is Environmental Tax Reform an Appropriate Policy for Industrial Sectors with Different Energy Intensities? An Analysis of UK Industrial Sectors

Is Environmental Tax Reform an Appropriate Policy for Industrial Sectors with Different Energy Intensities? An Analysis of UK Industrial Sectors

Chapter:
(p.84) Chapter 4 Is Environmental Tax Reform an Appropriate Policy for Industrial Sectors with Different Energy Intensities? An Analysis of UK Industrial Sectors
Source:
Environmental Tax Reform (ETR)
Author(s):

Paolo Agnolucci

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199584505.003.0004

Energy intensities of industrial subsectors differ widely due to differences in the final product and ultimately in the production process. The aim of this chapter is to assess whether these differences are stochastic or deterministic. The analysis is implemented for a number of UK industrial subsectors over the 1970–2004 and 1978–2004 time periods. This chapter uses recent advances in univariate and panel unit root tests. It turns out that the results of the tests are very influenced by whether one allows for the presence of deterministic structural breaks. Only when modelling structural breaks, can one conclude that the evidence in favour of the long-term differences being deterministic outbalances the evidence pointing at their nature being stochastic. This supports the adoption of policy instruments, such as environmental taxation, which are applied across productive sectors in a way which is not affected by the short-run evolution of the sectors.

Keywords:   environmental tax reform, environmental taxation, productive sectors, structural breaks, industrial sectors

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .