Carbon Taxes and the Composition of New Passenger Car Sales in Europe

Authors

Orkhan Nadirov, ADA University, Azerbaijan
Jana Vychytilová, Tomas Bata University in Zlín
Bruce Dehning, Chapman UniversityFollow

Document Type

Article

Publication Date

9-6-2020

Abstract

This paper examines the effectiveness of implementing carbon taxes to reduce carbon dioxide emissions from transport. Using the system Generalized Method of Moments estimator, we utilize cross-country analysis for the first time to study the impact of carbon taxes on the composition of petrol versus diesel passenger cars sold in 17 countries over the period 2013–2017. The results suggest that increasing carbon taxes affects consumer behavior, causing a significant shift from petrol to diesel fuel vehicles, controlling for factors such as the price of passenger cars, fuel price, interest rates, income level, population density, inflation, and vehicle stock.

Comments

This article was originally published in Energies, volume 13, in 2020. https://doi.org/10.3390/en13184631

Recommended Citation

Nadirov, O.; Vychytilová, J.; Dehning, B. Carbon Taxes and the Composition of New Passenger Car Sales in Europe. Energies 2020, 13, 4631. https://doi.org/10.3390/en13184631

Peer Reviewed

1

Copyright

The authors

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 License.