RT Journal Article
SR 00
ID 10.1093/ej/ueab084
A1 Durrmeyer, Isis
T1 Winners and Losers: The Distributional Effects of the French Feebate on the Automobile Market
JF The Economic Journal
YR 2022
FD 2022-05
VO vol. 132
IS n° 644
SP 1414
OP 1448
AB I quantify the welfare and environmental gains and losses from a policy establishing an environmental tax/subsidy for new cars in France in 2008. I estimate a structural model of demand and supply that features heterogeneity in consumer preferences to go beyond the average policy effects and analyse distributional aspects. The policy reduces average carbon emissions by 1.6% at the cost of additional emissions of local pollutants. The regulation favours middle-income individuals but has redistributive effects when combined with a tax that is proportional to income. Moreover, local pollutant emissions increase least in poor and rural areas, suggesting another redistribution channel.
PB Blackwell Publishing
SN 0013-0133
LK https://publications.ut-capitole.fr/id/eprint/43954/
UL http://tse-fr.eu/pub/126144